PREMIER FARNELL UK LIMITED
Company Information
- Company Number
- 00860093
- Registered Address
- 150 Armley Road, Leeds, West Yorkshire, LS12 2QQ
- Status
- Active
- Employee Count
- 1187.0
- Turnover
- 801359000.0
- EBITDA
- 83604000.0
Additional Details
- Website
- https://cpc.farnell.com/
- Company Type
- Private limited Company
- Incorporated On
- 28 September 1965
- Nature of Business
- 46520 - Wholesale of electronic and telecommunications equipment and parts
- Industries
- 0
- Region
- Yorkshire and The Humber
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 01 Feb 2024 | 31 | 59% | 34% | 7% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 32 | 60% | 33% | 7% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 33 | 54% | 37% | 9% | 54% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 31 | 59% | 33% | 8% | 56% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 30 | 62% | 31% | 7% | 40% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 31 | 56% | 35% | 9% | 68% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 32 | 56% | 35% | 9% | 74% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 35 | 50% | 38% | 12% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 34 | 51% | 39% | 10% | 74% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 32 | 54% | 37% | 9% | 76% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 32 | 55% | 36% | 9% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 28 | 65% | 29% | 6% | 48% |
| 01 Jul 2017 - 31 Dec 2017 | 29 Jan 2018 | 32 | 59% | 31% | 10% | 42% |
Company Summary
PREMIER FARNELL UK LIMITED is a leading distributor of electronic components and related products, based in Leeds, UK
The company has a strong commitment to sustainability and offers a wide range of products and services to their customers
Their sustainability program includes initiatives to reduce their carbon footprint, promote ethical practices in their supply chain, and engage in community outreach projects
They also have an environmental management system in place to continuously improve their sustainability practices
The company offers a wide range of electronic components such as semiconductors, connectors, and sensors from top brands like Texas Instruments, Microchip, and Vishay
They also provide design and manufacturing services, as well as educational resources for engineers and students
The key people at PREMIER FARNELL UK LIMITED include Graham McBeth, the President of the company, and Laurence Bain, the Chief Executive Officer
They have a team of experienced professionals dedicated to providing excellent customer service and driving the company's sustainability efforts
Customers can contact PREMIER FARNELL UK LIMITED through their website, which offers online ordering and live chat support
They also have a registered office address at Farnell House, Forge Lane, Leeds, LS12 2NE, United Kingdom
In summary, PREMIER FARNELL UK LIMITED is a trusted distributor of electronic components, with a strong focus on sustainability and commitment to providing high-quality products and services to their customers
They are a reliable partner for engineers, businesses, and educational institutions, and are dedicated to making a positive impact on the community and the environment
Company Review
Trend Analysis
The average time to pay for PREMIER FARNELL UK LIMITED has remained relatively consistent over the past three periods, with a slight increase in the latest period.
Volatility Analysis
The average time to pay has fluctuated by an average of 1 day over the past three periods, with the largest change being a decrease of 3 days in the seventh period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The company does not operate standard payment terms. The majority of suppliers are on 30 days from date of invoice or 30 days from end of month. However, supplier payment terms may range from 0 days to 60 days from end of month.
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
60
Dispute Resolution Process
Questions relating to payment of supplier invoices should in the first instance be raised with the Accounts Payable department. In the case of queries around supply of inventory, the query may be referred on to the Asset Operations department for further investigation. The company always aims to resolve all disputes as quickly as possible dependent on the nature of the query.
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.
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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
