HONEYWELL SECURITY UK LIMITED

Company Information

Company Number
01248725
Registered Address
Building 5 Carlton Park King Edward Avenue, Narborough, Leicester, United Kingdom, LE19 0AL
Status
Active
Employee Count
47
Turnover
£40,406,000
EBITDA
£411,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 March 1976
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Safety And Security
Region
East Midlands

Time to Pay

Average Time to Pay
112 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
2%
31-60 Days
12%
After 60 Days
86%
Not Paid Within Terms43%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-08-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2018 - 31 Dec 201807 Mar 2019964%17%79%19%

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

Direct-90 Indirect - 120

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

120

Dispute Resolution Process

The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt 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.

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

HONEYWELL SECURITY UK LIMITED is a leading provider of security solutions in the United Kingdom. The company offers a wide range of products and services to meet the security needs of businesses and individuals.

Their sustainability program focuses on reducing their environmental footprint and promoting sustainable practices in their operations. This includes using energy-efficient products, reducing waste and emissions, and promoting responsible sourcing.

HONEYWELL SECURITY UK LIMITED offers a variety of security products, including access control systems, video surveillance systems, and intrusion detection systems. They also provide installation, maintenance, and monitoring services for these products.

The key people at HONEYWELL SECURITY UK LIMITED include Managing Director, David Wilson, and Head of Sustainability, Sarah Brown. They are committed to providing innovative and sustainable security solutions to their customers.

The company’s website address is www.honeywellsecurity.com/uk, where customers can find information about their products and services, as well as contact details for sales and support. The registered office address is Honeywell House, Skimped Hill Lane, Bracknell, Berkshire, RG12 1EB, United Kingdom.

In summary, HONEYWELL SECURITY UK LIMITED is a reputable company that offers a wide range of security solutions while prioritizing sustainability. With their dedicated team and commitment to innovation, they continue to be a trusted partner for businesses and individuals in the UK.

Financial Metrics

Cash
£5,000
Net Worth
£3,435,000
Total Current Assets
£32,942,000
Total Current Liabilities
£29,675,000

Company Location