DRAEGER SAFETY UK LTD

PaymentCheck Score 2023
50Fair
6.7vs last year
#4214 in UK
#24 in Safety And Security
#89 in North East

Company Information

Company Number
00777464
Registered Address
Draeger Safety Uk Limited, Ullswater Close, Blyth Riverside Business Park, Blyth, Northumberland, NE24 4RG
Status
Active
Employee Count
560
Turnover
£132,086,000
EBITDA
£10,506,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 October 1963
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
46690 - Wholesale of other machinery and equipment
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Safety And Security
Region
North East

Time to Pay

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

Payment Timeline

Within 30 Days
37%
31-60 Days
35%
After 60 Days
28%
Not Paid Within Terms57%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-02-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 31 Dec 202306 Mar 20246041%40%19%32%
01 Jul 2022 - 31 Dec 202221 Feb 20235837%35%28%57%
01 Jan 2022 - 30 Jun 202229 Jul 20225531%35%34%48%
01 Jul 2021 - 31 Dec 202114 Apr 20224938%43%19%38%
01 Jan 2021 - 30 Jun 202116 Aug 20215033%46%21%42%
01 Jul 2020 - 31 Dec 202016 Feb 20215941%12%47%34%
01 Jul 2019 - 31 Dec 201917 Feb 20204438%41%22%35%
01 Jan 2019 - 30 Jun 201915 Jul 20195338%38%24%39%
01 Jul 2018 - 31 Dec 201806 Feb 20195037%41%22%40%
01 Jan 2018 - 30 Jun 201830 Nov 20185338%23%39%44%

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

Draeger’s standard supplier payment terms are 60 days (unless agreed otherwise) The maximum payment period agreed to is 60 days

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

Any queries or disputes about payment terms should be directed to: Purchasing Department, Draeger Safety UK Ltd, Ullswater Close, Blyth NE24 4RG

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

DRAEGER SAFETY UK LTD is a leading provider of safety equipment and services in the United Kingdom. The company is committed to sustainability and offers a range of products and services that help protect people and the environment.

Their sustainability program focuses on reducing their carbon footprint and promoting responsible manufacturing and sourcing practices. They have also implemented recycling and waste reduction initiatives in their facilities.

DRAEGER SAFETY UK LTD offers a wide range of safety products, including respiratory protection, gas detection systems, and personal protective equipment. Their products are designed to meet the highest safety standards and are used in various industries such as oil and gas, mining, and healthcare.

The company is led by a team of experienced and dedicated professionals, including the Managing Director, John Wilson. They are committed to delivering high-quality products and services to their customers and maintaining a strong reputation in the industry.

Customers can contact DRAEGER SAFETY UK LTD through their website, which provides information about their products and services, as well as their sustainability efforts. The company's registered office address is located at Dräger Safety UK Ltd, Blyth Riverside Business Park, Blyth, Northumberland, NE24 4RG, United Kingdom.

In conclusion, DRAEGER SAFETY UK LTD is a reputable company that prioritizes sustainability and offers a wide range of high-quality safety products and services. With their experienced team and commitment to responsible practices, they are a trusted partner for businesses looking to ensure the safety of their employees and the environment.

Financial Metrics

Cash
£304,000
Net Worth
£67,466,000
Total Current Assets
£84,027,000
Total Current Liabilities
£41,468,000

Company Location