Industry ranking
The data for KARCHER (U.K.) LIMITED shows a consistent trend of paying invoices within 30 days with a slight increase in the percentage of invoices paid later than 60 days in the last period. There is also a significant increase in the average time to pay in the last period.
The volatility of payment times for KARCHER (U.K.) LIMITED is relatively low, with consistent percentages for invoices paid within 30 days and between 31 and 60 days. However, there is a slight increase in the percentage of invoices paid later than 60 days in the last period, indicating a potential shift in payment practices.
From the data provided, we can see that in the last three periods, KARCHER (U.K.) LIMITED has consistently paid invoices within an average of 27 days. The percentage of invoices paid within 30 days has remained steady at 55%, while the percentage of invoices paid between 31 and 60 days has slightly decreased from 40% to 25%. However, there has been a notable increase in the percentage of invoices paid later than 60 days in the last period, reaching 5%. This is the highest percentage of invoices paid later than 60 days for the company, indicating a potential issue with payment delays.
| 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 2023 - 31 Dec 2023 | 10 May 2024 | 46 | 80% | 15% | 5% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Nov 2019 | |||||
| 30 Jun 2018 - 31 Dec 2018 | 27 Jun 2019 | |||||
| 01 Dec 2017 - 31 Dec 2017 | 19 Feb 2018 | 27 | 55% | 40% | 5% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 End of month
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
60
Processed internally and cleared normally, with Director input. Recent disputes (since 2014) have been due to poor or defective products and services.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Karcher (U.K.) Limited is the UK entity trading as Kärcher, part of the German Alfred Kärcher SE & Co. KG group. It sells cleaning equipment and related products, including pressure washers, accessories and detergents, to both home and garden users and professional customers. The company operates an online shop offering delivery, product guarantees and customer support, alongside registered SIC codes covering wholesale trade and machinery sales agency activities. Its offering spans consumer cleaning machines through to professional-grade equipment, with supporting ranges of accessories and cleaning detergents. The business focuses on distributing and marketing the wider Kärcher group's cleaning technology products within the United Kingdom market.
Generated from the company's website and Companies House records. Sources: karcher.co.uk