KENWOOD LIMITED
Company Information
- Company Number
- 00872044
- Registered Address
- 1 Kenwood Business Park, New, Lane, Havant, Hampshire, PO9 2NH
- Status
- Active
- Employee Count
- 237.0
- Turnover
- 112764000.0
- EBITDA
- 7434000.0
Additional Details
- Website
- https://meetthechef.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 22 February 1966
- Nature of Business
- 27510 - Manufacture of electric domestic appliances
- Industries
- 0
- Region
- South East
Company Location
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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 | 31 Jan 2024 | 34 | 45% | 45% | 10% | 48% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | 38 | 42% | 47% | 11% | 43% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 35 | 44% | 46% | 10% | 56% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 43 | 36% | 47% | 17% | 60% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 35 | 40% | 50% | 10% | 52% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 37 | 42% | 47% | 11% | 59% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 40 | 37% | 43% | 20% | 65% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 21 | 68% | 23% | 9% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 14 | 77% | 17% | 6% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 34 | 50% | 23% | 27% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 14 Jan 2019 | 32 | 53% | 18% | 29% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 40 | 42% | 18% | 40% | 28% |
Company Summary
Kenwood Limited is a British company that specializes in kitchen appliances and equipment
The company was established in 1947 and is headquartered in Havant, Hampshire
Sustainability is an integral part of Kenwood Limited's operations, with a strong focus on reducing their environmental impact
The company has a sustainability program in place that aims to minimize waste, energy consumption, and carbon emissions
They also collaborate with suppliers to ensure responsible sourcing of materials and promote ethical practices
Kenwood Limited offers a wide range of products and services, including food processors, blenders, mixers, and other kitchen appliances
Their products are known for their high quality and innovative design, making cooking and food preparation easier and more efficient for their customers
The company is led by a team of key people, including the CEO, managing director, and other senior executives who bring a wealth of experience and expertise to the company
They are committed to driving the company's growth and success while maintaining a strong focus on sustainability
Customers can contact Kenwood Limited through their website, which provides information about their products, services, and sustainability initiatives
The company's registered office address is Kenwood Limited, New Lane, Havant, Hampshire, PO9 2NH, United Kingdom
In conclusion, Kenwood Limited is a leading British company in the kitchen appliance industry, with a strong commitment to sustainability
Their high-quality products, dedicated team, and focus on responsible practices make them a reputable and trusted brand in the market
Company Review
Trend Analysis
The average time taken for KENWOOD LIMITED to pay invoices has fluctuated over the past three years, but there is a general trend of paying invoices earlier. In 2018, the average time to pay was 40 days, which decreased to 14 days in 2019. However, there was a slight increase in 2020 to 21 days, before decreasing again to 35 days in 2021 and 34 days in 2022.
Volatility Analysis
The volatility of KENWOOD LIMITED's invoice payment is evident in the fluctuations of the percentage of invoices paid within 30 days. In 2018, only 42% of invoices were paid within 30 days, but this increased to 77% in 2019 before dropping to 68% in 2020. There was a significant decrease in 2021 to 40% and a slight decrease again in 2022 to 36%.
Summary Analysis
In the past three periods, there has been a significant improvement in KENWOOD LIMITED's invoice payment efficiency. In 2018, 28% of invoices were not paid within agreed terms, but this decreased to 22% in 2019 and 11% in 2020. However, there was a slight increase in 2021 to 59% and again in 2022 to 60%.
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
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
Vendor/Company Negotiation
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