SCHINDLER LTD.

PaymentCheck Score 2023
47Poor
New Entry
#4373 in UK
#101 in Manufacturing
#716 in South East

Company Information

Company Number
00662746
Registered Address
400 Dashwood Lang Road, Bourne Business Park, Addlestone, England, KT15 2HJ
Status
Active
Employee Count
483
Turnover
£145,591,000
EBITDA
£3,838,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 June 1960
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
Industries
Manufacturing
Region
South East

Time to Pay

Average Time to Pay
53 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
14%
31-60 Days
55%
After 60 Days
31%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2023-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202322 Feb 20245315%55%30%4%
01 Jan 2023 - 30 Jun 202325 Jul 20235314%55%31%5%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days standard terms

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

A complaint or concern will be considered by the procurement department. They will then deal directly with the supplier.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

SCHINDLER LTD. is a global company that specializes in manufacturing and providing innovative solutions for elevators, escalators, and moving walkways. The company was founded in Switzerland in 1874 and has since expanded its operations to over 100 countries.

One of the key focuses of SCHINDLER LTD. is sustainability. The company has a dedicated sustainability program that aims to reduce its environmental impact through various initiatives such as energy-efficient products, waste reduction, and responsible sourcing. They also prioritize the health and safety of their employees and customers through regular training and safety measures.

SCHINDLER LTD. offers a wide range of products and services, including elevators for residential and commercial buildings, escalators and moving walkways for transportation hubs, and modernization solutions for existing installations. The company is known for its innovative and technologically advanced products that provide efficient and reliable mobility solutions.

The key people driving the success of SCHINDLER LTD. include the CEO, Thomas Oetterli, and the Executive Committee, along with a team of experienced and dedicated employees who strive to provide the best products and services to their customers.

For more information on SCHINDLER LTD. and its products and services, you can visit their website at www.schindler.com. The company's registered office address is Schindler House, Lucerne, Switzerland.

Financial Metrics

Cash
£49,090,000
Net Worth
£48,363,000
Total Current Assets
£87,707,000
Total Current Liabilities
£63,270,000

Company Location