KONICA MINOLTA BUSINESS SOLUTIONS UK LIMITED
Company Information
- Company Number
- 01132885
- Registered Address
- Konica House, Miles Gray Road, Basildon, Essex., SS14 3AR
- Status
- Active
- Employee Count
- 716
- Turnover
- £113,311,000
- EBITDA
- -£3,146,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 September 1973
- Nature of Business
- 63990 - Other information service activities not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for KONICA MINOLTA BUSINESS SOLUTIONS (UK) LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in the latest period compared to the previous two periods.
Volatility Analysis
The average time taken for KONICA MINOLTA BUSINESS SOLUTIONS (UK) LIMITED to pay invoices has shown moderate volatility over the past three periods.
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 Oct 2020 - 31 Mar 2021 | 13 May 2021 | 34 | 74% | 15% | 11% | 22% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Dec 2020 | 33 | 67% | 17% | 16% | 25% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 26 | 81% | 11% | 8% | 17% |
| 01 Apr 2019 - 30 Sept 2019 | 20 Dec 2019 | 20 | 89% | 6% | 5% | 11% |
| 01 Oct 2018 - 31 Mar 2019 | 20 Dec 2019 | 24 | 82% | 10% | 8% | 17% |
| 01 Apr 2018 - 30 Sept 2018 | 18 Dec 2018 | 26 | 77% | 14% | 9% | 22% |
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
Our Standard Payment Terms are 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
45
Dispute Resolution Process
At Konica Minolta we always ensure to work closely with our suppliers so that we can resolve disputes and complaints promptly. We log all queries raised internally and track each query throughout the entire query process to ensure we deliver a high level of customer service. We have a dedicated Accounts Payable email account that Suppliers can log any issues or we are happy to take any queries over telephone. We aim to respond to all queries within 48 hours and will escalate the query accordingly depending on the complexity.
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
Konica Minolta Business Solutions (UK) Limited is a subsidiary of the global technology company, Konica Minolta Inc. The UK division is headquartered in Basildon, Essex and provides a range of innovative products and services for businesses of all sizes.
The company's sustainability program, EcoVision 2050, is a long-term initiative aimed at promoting environmentally friendly practices and reducing their carbon footprint. They have implemented various measures such as energy-efficient products, waste reduction strategies, and responsible sourcing to achieve this goal.
Konica Minolta offers a wide range of products and services including office printers and copiers, digital presses, document management solutions, and IT services. They also provide consultancy services to help businesses improve their productivity and efficiency.
The key person leading the company's UK operations is Managing Director, Jonathan Smith, who has been with the company for over 20 years. The company has a team of over 500 employees across the UK, who are dedicated to providing excellent customer service and driving innovation.
For more information on their products and services, customers can visit their website at www.konicaminolta.co.uk. The registered office address for Konica Minolta Business Solutions (UK) Limited is Windmill Hill Business Park, Whitehill Way, Swindon, SN5 6QR.
