The trend for KONECRANES DEMAG UK LIMITED from Jan 2018 to Jun 2018 shows an average time to pay of 28 days, with 59% of invoices paid within 30 days, 40% paid between 31 and 60 days, and only 1% paid later than 60 days. The data for the remaining periods is not available.
The volatility for KONECRANES DEMAG UK LIMITED from Jan 2018 to Jun 2018 is relatively stable, with only 1% of invoices paid later than 60 days. The data for the remaining periods is not available.
For the period of Jan 2018 to Jun 2018, KONECRANES DEMAG UK LIMITED had an average time to pay of 28 days, with 59% of invoices paid within 30 days, and 40% paid between 31 and 60 days. Only 1% of invoices were paid later than 60 days.
| 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 2025 - 31 Dec 2025 | 24 Mar 2026 | 39 | 57% | 42% | 1% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Mar 2026 | 39 | 59% | 40% | 1% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Mar 2026 | 39 | 59% | 40% | 1% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Mar 2026 | 39 | 61% | 38% | 1% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Mar 2026 | 38 | 62% | 37% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 24 Mar 2026 | 39 | 58% | 41% | 1% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Mar 2026 | 40 | 53% | 46% | 1% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 24 Mar 2026 | 42 | 47% | 52% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Mar 2026 | 42 | 46% | 53% | 1% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Mar 2026 | 42 | 47% | 52% | 1% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Mar 2026 | 41 | 48% | 51% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 15 Aug 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 28 | 59% | 40% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms within the company ERP system for suppliers range from immediate payment to 150 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
150
The standard payment terms within the company ERP system for suppliers range from immediate payment to 150 days
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.
❌
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
KONECRANES DEMAG UK LIMITED is a leading provider of lifting equipment, solutions and services in the UK. With a strong commitment to sustainability, the company aims to provide innovative and efficient solutions that meet the needs of its customers while also minimizing its environmental impact.
The company offers a wide range of products and services including cranes, hoists, and other material handling equipment. They also provide maintenance, modernization, and training services to ensure the safe and efficient operation of their equipment.
KONECRANES DEMAG UK LIMITED has a strong sustainability program in place, with a focus on reducing carbon footprint, promoting energy efficiency, and implementing environmentally friendly practices. They have also set ambitious targets to reduce waste, water and energy consumption in their operations.
The company's key people include Managing Director, Mr. John Bailey, and Sales Director, Mr. Simon Gibbons. Both have extensive experience in the lifting equipment industry and are committed to driving the company's growth and sustainability efforts.
Customers can contact KONECRANES DEMAG UK LIMITED through their website, which provides detailed information about their products, services, and sustainability initiatives. The company's registered office address is located at Unit 1, The Glades, Festival Way, Stoke-on-Trent, Staffordshire, ST1 5SQ.
In summary, KONECRANES DEMAG UK LIMITED is a leading provider of lifting equipment and solutions with a strong focus on sustainability. With a range of innovative products and services, experienced leadership, and a commitment to reducing their environmental impact, the company is well-positioned to meet the evolving needs of its customers while also contributing to a more sustainable future.