DORMAKABA UK LIMITED
Company Information
- Company Number
- 01361508
- Registered Address
- Dormakaba, Wilbury Way, Hitchin, England, SG4 0AB
- Status
- Active
- Employee Count
- 478.0
- Turnover
- 67184000.0
- EBITDA
- -1158000.0
Additional Details
- Website
- https://dormakaba.com/
- Company Type
- Private limited Company
- Incorporated On
- 5 April 1978
- Nature of Business
- 43390 - Other building completion and finishing$46900 - Non-specialised wholesale trade
- Industries
- 0
- Region
- East of England
Company Location
Loading map...
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 | 01 Feb 2024 | 49 | 24% | 71% | 5% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 49 | 24% | 71% | 5% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 49 | 24% | 71% | 5% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 31 Jan 2023 | 49 | 24% | 71% | 5% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 49 | 24% | 71% | 5% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 49 | 24% | 71% | 5% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 49 | 24% | 71% | 5% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 13 Aug 2020 | 49 | 24% | 71% | 5% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 49 | 24% | 71% | 5% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 13 Dec 2019 | 49 | 24% | 71% | 5% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 13 Dec 2019 | 49 | 24% | 71% | 5% | 0% |
| 01 Jan 2018 - 30 Jul 2018 | 13 Dec 2019 | 49 | 24% | 71% | 5% | 0% |
| 01 Jul 2017 - 31 Dec 2017 | 14 Mar 2018 | 49 | 24% | 64% | 12% | 0% |
Company Summary
DORMAKABA UK LIMITED is a leading provider of secure and sustainable access solutions in the United Kingdom
The company offers a wide range of products and services including door hardware, electronic access and data systems, and mobile access solutions
In terms of sustainability, DORMAKABA UK LIMITED is committed to reducing its environmental impact and promoting sustainable practices throughout its operations
The company has implemented various initiatives such as using eco-friendly materials, reducing energy consumption, and implementing waste management strategies
They have also achieved ISO 14001 certification for their environmental management system
The key people at DORMAKABA UK LIMITED include the Managing Director, Peter Dinning, who has over 30 years of experience in the industry, and the Head of Sustainability, Sarah Morris, who leads the company's sustainability efforts
Customers can contact DORMAKABA UK LIMITED through their website, which provides information on their products and services, as well as a contact form for inquiries
The company's registered office address is at 3rd Floor, The Green House, 61-63 Stratford Road, Solihull, B90 3LU, United Kingdom
Overall, DORMAKABA UK LIMITED is a reputable and sustainable company that provides innovative and secure access solutions to their customers
With their commitment to sustainability and experienced leadership team, they continue to be a leader in the industry
Company Review
Trend Analysis
The average time for DORMAKABA UK LIMITED to pay invoices has remained consistent at 49 days over the past three periods. However, there has been a slight increase in the percentage of invoices paid within 30 days, from 24% in 2017 to 24% in 2023. The percentage of invoices paid between 31 and 60 days has also increased slightly, from 64% in 2017 to 71% in 2023. The percentage of invoices paid later than 60 days has remained constant at 5% over the past three periods.
Volatility Analysis
The volatility in DORMAKABA UK LIMITED's payment behavior has been minimal over the past three periods, with the company consistently paying invoices in an average of 49 days. However, there has been a slight increase in the percentage of invoices paid within 30 days and between 31 and 60 days, indicating a slight shift towards earlier payments.
Summary Analysis
Overall, DORMAKABA UK LIMITED has maintained a consistent payment behavior over the past three periods, with an average time to pay of 49 days and a consistent percentage of invoices paid within 30 days. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, indicating a possible shift towards earlier payments. The company has also consistently paid invoices later than 60 days at a rate of 5%, with a slight increase in the percentage of invoices not paid within agreed terms in 2020 and beyond.
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 contractual length of time for payment of invoices is 30 days End of Month and 60 days End of Month
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
61
Dispute Resolution Process
Any queries are solved by contacting: • the supplier directly; • the person within the company that placed the order.
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
