CANON UK LIMITED
Company Information
- Company Number
- 01264300
- Registered Address
- 4 Roundwood Avenue, Stockley Park, Uxbridge, England, UB11 1AF
- Status
- Active
- Employee Count
- 1326.0
- Turnover
- 282323000.0
- EBITDA
- 11176000.0
Additional Details
- Website
- https://store.canon.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 June 1976
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 | 30 | 81% | 13% | 6% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 27 | 79% | 16% | 5% | 21% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 29 | 82% | 14% | 4% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 29 | 79% | 15% | 6% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Feb 2022 | 29 | 79% | 15% | 6% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Aug 2021 | 40 | 70% | 20% | 10% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 30 | 84% | 11% | 5% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 19 Oct 2020 | 28 | 80% | 15% | 5% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 19 Oct 2020 | 27 | 82% | 15% | 3% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 29 | 80% | 18% | 2% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 34 | 79% | 18% | 3% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 28 | 75% | 23% | 2% | 18% |
Company Summary
CANON (UK) LIMITED is a leading technology company that specializes in imaging and optical products
The company is headquartered in Reigate, Surrey and has been operating in the UK for over 60 years
The main activities of CANON (UK) LIMITED include the sales and distribution of cameras, printers, scanners, and other office equipment
They also provide professional printing and document management services to businesses of all sizes
One of the key focuses of CANON (UK) LIMITED is sustainability
The company is committed to reducing its environmental impact and has implemented various initiatives to achieve this
They have set targets to reduce their carbon footprint and have implemented energy-efficient measures in their operations
They also have a recycling program for their products and packaging materials
CANON (UK) LIMITED offers a wide range of sustainable products, including energy-efficient printers and scanners, as well as recycled ink and toner cartridges
They also have a paper-saving program that encourages their customers to use their products responsibly
The key people at CANON (UK) LIMITED include the Managing Director, Yuichi Ishizuka, who oversees the company's operations in the UK, and the President and CEO, Fujio Mitarai, who leads the global operations of the company
The company also has a team of experienced professionals who work towards achieving its goals and objectives
For more information about CANON (UK) LIMITED and its sustainability program, products, and services, you can visit their website at www.canon.co.uk
Their registered office address is Canon (UK) Ltd, Woodhatch, Reigate, Surrey, RH2 8BF
Company Review
Trend Analysis
The average time taken for CANON (UK) LIMITED to pay invoices has remained relatively consistent, with only a slight increase in 2021 and 2022. However, there has been a significant decrease in the percentage of invoices paid within 30 days, with a corresponding increase in the percentage of invoices paid later than 60 days. This indicates a potential issue with delayed payments.
Volatility Analysis
The volatility of CANON (UK) LIMITED's invoice payment behaviour is relatively low, with the majority of percentages remaining within a 10% range for each category. However, the percentage of invoices paid later than 60 days shows the most volatility, with a range of 4% to 33%.
Summary Analysis
From 2018 to 2023, CANON (UK) LIMITED has maintained an average time to pay of around 28-30 days. However, there has been a decrease in the percentage of invoices paid within 30 days, with a corresponding increase in the percentage of invoices paid later than 60 days. This could indicate potential issues with delayed payments.
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
Complaints or concerns should be raised in the first instance with the Accounts Payable team, for which all suppliers are advised the contact details. The Accounts Payable team will resolve or escalate across the business, as applicable. Email : AP.UK@canon-europe.com
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
