GRUNDFOS PUMPS LIMITED

Company Information

Company Number
00805960
Registered Address
Grovebury Road, Leighton Buzzard, Bedfordshire, LU7 4TL
Status
Active
Employee Count
291
Turnover
£165,698,000
EBITDA
-£40,385,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 May 1964
Nature of Business
28131 - Manufacture of pumps
Industries
Manufacturing
Region
East of England

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
71%
31-60 Days
23%
After 60 Days
6%
Not Paid Within Terms39%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2018-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201826 Jul 20182771%23%6%39%

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 - 45% of Vendors Paid Current Month + 1 Month - 33% of Vendors Paid Immediate - 9% of Vendors Paid Current Month + 1 Month - 7% of Vendors Paid

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

90

Dispute Resolution Process

Dispute invoices are dealt with on a case by case basis

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

GRUNDFOS PUMPS LIMITED is a leading manufacturer of pumps and pumping systems, with a strong commitment to sustainability. The company offers a wide range of products and services, including water supply, wastewater treatment, heating and cooling, and industrial applications.

Their sustainability program, called "Think Sustainability," focuses on three key areas: social responsibility, environmental responsibility, and economic responsibility. The company strives to minimize its environmental impact by reducing energy consumption, waste generation, and carbon emissions in its operations. They also prioritize the well-being of their employees and the communities in which they operate.

The key people at GRUNDFOS PUMPS LIMITED include CEO Mads Nipper and Executive Vice President Poul Due Jensen. They lead a team of dedicated professionals who are committed to delivering high-quality, sustainable products and services.

To contact GRUNDFOS PUMPS LIMITED, their website address is www.grundfos.com. Their registered office address is at Poul Due Jensens Vej 7, 8850 Bjerringbro, Denmark. Customers can also reach them by phone at +45 87 50 14 00 or by email at contact-uk@grundfos.com.

In summary, GRUNDFOS PUMPS LIMITED is a reputable company that offers sustainable solutions for various industries. With their dedication to sustainability and a strong leadership team, they continue to be a leader in the pump industry.

Financial Metrics

Cash
£0
Net Worth
£36,454,000
Total Current Assets
£66,760,000
Total Current Liabilities
£21,918,000

Company Location