EUROTHERM LIMITED
Company Information
- Company Number
- 00853008
- Registered Address
- Faraday Close, Worthing, West Sussex, United Kingdom, BN13 3PL
- Status
- Active
- Employee Count
- 153
- Turnover
- £60,885,000
- EBITDA
- £11,612,000
Additional Details
- Website
- https://eurotherm.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 June 1965
- Nature of Business
- 26511 - Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
- Industries
- Hardware
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for EUROTHERM LIMITED to pay invoices has decreased significantly in the most recent period, going from 108 days in the first half of 2020 to only 38 days in the second half. This shows a trend towards faster payment, which is a positive change for the company.
Volatility Analysis
The company's payment behavior has been quite volatile, with a large difference of 71 days between the shortest and longest standard payment periods. However, in the most recent period, this volatility has decreased significantly to only 2 days, indicating a more consistent payment pattern.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 09 Jun 2025 | 33 | 62% | 31% | 7% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 38 | 37% | 60% | 3% | 62% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 108 | 11% | 41% | 48% | 88% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 67 | 13% | 58% | 29% | 70% |
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
Standard payment terms are 60 days lower terms are in place for some suppliers where appropriate
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
n/a
Maximum contractual payment period agreed
90
Dispute Resolution Process
Dispute resolution depends on the type of dispute, quantity/price differences. Disputes are resolved by finance with purchasing and the supplier depending on who needs to be involved.
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.
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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.
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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
EUROTHERM LIMITED is a leading provider of thermal solutions and control systems for a wide range of industrial applications. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact and promote sustainability in their operations.
Their sustainability program includes measures such as reducing energy consumption, minimizing waste, and sourcing materials from sustainable and ethical suppliers. They also offer training and support to their employees to promote sustainable practices within the company.
EUROTHERM LIMITED offers a diverse range of products and services, including temperature controllers, power controllers, data recorders, and software solutions. These products and services are designed to improve process efficiency, accuracy, and reliability for their customers.
Some key people at EUROTHERM LIMITED include the Managing Director, who oversees the overall operations of the company, and the Head of Sustainability, who leads the sustainability initiatives. They also have a team of highly skilled engineers and technicians who provide technical support to their customers.
To get in touch with EUROTHERM LIMITED, interested parties can visit their website at www.eurotherm.com or contact their registered office at Eurotherm House, Bridgeport Road, Wrexham Industrial Estate, Wrexham, LL13 9PS, United Kingdom. Overall, EUROTHERM LIMITED is a reputable company that prioritizes sustainability and offers high-quality products and services to their customers.
