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.
❌
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
KARCHER (U.K.) LIMITED is a subsidiary of the German cleaning equipment company, KARCHER Group. The company has been operating in the United Kingdom since 1977 and is headquartered in Banbury, Oxfordshire.
The company offers a wide range of cleaning solutions for both commercial and domestic use. Their products include high-pressure washers, vacuum cleaners, steam cleaners, window vacuums, and floor care equipment. KARCHER also provides professional cleaning services for industrial and commercial customers.
Sustainability is a key focus for KARCHER (U.K.) LIMITED, as they aim to reduce their environmental impact and promote sustainable practices. The company has implemented various initiatives such as using recycled materials in their products and optimizing energy consumption in their production processes.
The key people at KARCHER (U.K.) LIMITED include Managing Director, Nico Hirschberg, and Sales Director, Matt Cole. They lead a team of over 500 employees to provide high-quality products and services to their customers.
Customers can contact KARCHER (U.K.) LIMITED through their website, www.karcher.co.uk, or by calling their customer service hotline at 0845 230 5292. The company's registered office address is Kärcher House, Brookhill Way, Banbury, Oxfordshire, OX16 3ED.
In summary, KARCHER (U.K.) LIMITED is a reputable company that offers a wide range of cleaning solutions with a focus on sustainability. They are led by experienced professionals and have a strong commitment to providing excellent customer service.