BG ELECTRICAL LIMITED

Company Information

Company Number
01388059
Registered Address
Building E Stafford Park 1, Stafford Park, Telford, Shropshire, TF3 3BD
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
11 September 1978
Nature of Business
46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
Industries
Supply Chain
Region
West Midlands

Time to Pay

Average Time to Pay
44 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
27%
31-60 Days
53%
After 60 Days
19%
Not Paid Within Terms51%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

60 days from invoice date

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

Dispute Resolution Process

Disputes relating to supplier invoices should be communicated to ap.uk@luceco.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

Company Summary

BG ELECTRICAL LIMITED is a UK-based company that specializes in the design, manufacture, and distribution of electrical products. The company was founded in 1941 and has since become a leading name in the electrical industry.

Their sustainability program focuses on reducing their environmental impact through various initiatives such as using renewable energy sources, reducing waste and promoting recycling, and implementing energy-efficient practices. They are also committed to ethical sourcing and ensuring their supply chain is socially responsible.

Some of their key products include switches, sockets, lighting, and cable management solutions. They also offer a range of smart home products that allow customers to control and monitor their home's energy consumption.

The company is led by a team of experienced professionals, including the Managing Director, Sales Director, and Finance Director. They are dedicated to driving the company's growth and ensuring its sustainability.

For inquiries or more information about their products and services, customers can contact them through their website, which also features an online catalogue and a store locator. The registered office address is BG ELECTRICAL LIMITED, Havant, Hampshire, PO9 1HU, United Kingdom.

In conclusion, BG ELECTRICAL LIMITED is a well-established company in the electrical industry, offering sustainable products and services while also prioritizing ethical and responsible practices. With a strong team and commitment to sustainability, the company continues to thrive and provide innovative solutions to its customers.

Financial Metrics

Cash
£0
Net Worth
£1,000
Total Current Assets
£1,000
Total Current Liabilities
£0

Company Location