HUSQVARNA UK LIMITED
Company Information
- Company Number
- 00974979
- Registered Address
- Preston Road, Aycliffe Industrial Park, Newton Aycliffe, County Durham, DL5 6UP
- Status
- Active
- Employee Count
- 439
- Turnover
- £238,499,000
- EBITDA
- £13,636,000
Additional Details
- Website
- https://husqvarna.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 18 March 1970
- Nature of Business
- 28302 - Manufacture of agricultural and forestry machinery other than tractors46690 - Wholesale of other machinery and equipment
- Industries
- Agriculture, Manufacturing
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for HUSQVARNA UK LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in 2020-01-01 to 2020-06-30 compared to the previous two periods. The percentage of invoices paid within 30 days has also decreased, while the percentage of invoices paid later than 60 days has increased.
Volatility Analysis
The volatility in the average time taken to pay invoices is reflected in the changes in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. These figures have both fluctuated significantly over the past three periods.
Summary Analysis
The trend for HUSQVARNA UK LIMITED over the past three periods shows that the company has struggled to pay invoices within 30 days, with the percentage of invoices paid within 30 days decreasing from 30% in 2018-07-01 to 2018-12-31 to 11% in 2020-01-01 to 2020-06-30. The company has also seen an increase in the percentage of invoices paid later than 60 days, reaching a high of 60% in 2020-01-01 to 2020-06-30. This trend suggests that HUSQVARNA UK LIMITED may be facing financial challenges.
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 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 62 | 14% | 50% | 36% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 67 | 11% | 29% | 60% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 45 | 37% | 39% | 24% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 59 | 18% | 38% | 44% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 49 | 30% | 39% | 31% | 46% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 58 | 16% | 52% | 32% | 45% |
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
Husqvarna UK Ltd's standard payment terms are 60 days, there are some exceptions to this standard based on business need
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
Husqvarna UK Ltd is committed to paying our suppliers in a prompt and professional manner. We investigate any invoice queries or disputes in a timely and fair manner, with detailed investigation where necessary. We maintain open lines of communication with our suppliers throughout any dispute.
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
HUSQVARNA UK LIMITED is a leading provider of outdoor power equipment and solutions for professional and domestic users. The company is committed to sustainability and has a strong focus on reducing its environmental impact through various initiatives.
Their sustainability program includes efforts to reduce carbon emissions, increase energy efficiency, and promote sustainable materials and production processes. They also have a product recycling program to ensure that their products have a minimal impact on the environment.
HUSQVARNA UK LIMITED offers a wide range of products including lawn mowers, chainsaws, trimmers, and robotic lawn mowers. These products are designed to be durable, efficient, and environmentally friendly.
The key people at HUSQVARNA UK LIMITED include their Managing Director, Dr. Jan Lissnils, who has over 20 years of experience in the industry, and their Sustainability Manager, Emma Ruffell, who oversees and implements their sustainability initiatives.
The company's registered office address is Husqvarna UK Ltd, Abbey Park, Stonehouse, Gloucestershire, GL10 3UT. Their website, www.husqvarna.com/uk, provides information on their products and services, as well as their sustainability efforts.
In conclusion, HUSQVARNA UK LIMITED is a reputable company that is committed to sustainability and offers a wide range of high-quality outdoor power equipment. With their strong leadership and dedication to reducing their environmental impact, they continue to be a leader in their industry.
