VEKA PLC
Company Information
- Company Number
- 01626563
- Registered Address
- Farrington Road, Rossendale Road Industrial Est, Burnley, Lancashire, BB11 5DA
- Status
- Active
- Employee Count
- 482
- Turnover
- £95,092,000
- EBITDA
- £14,562,000
Additional Details
- Website
- https://vekauk.com/
- Company Type
- Public limited Company
- Incorporated On
- 2 April 1982
- Nature of Business
- 22210 - Manufacture of plastic plates, sheets, tubes and profiles
- Industries
- Property-related Goods And Services, Raw Materials And Intermediate Goods
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 30 Jan 2025 | 49 | 23% | 38% | 39% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 50 | 22% | 38% | 40% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 47 | 21% | 47% | 31% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 48 | 20% | 51% | 29% | 90% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 51 | 16% | 46% | 38% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 47 | 25% | 43% | 32% | 81% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 47 | 20% | 37% | 42% | 79% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Various payment as agreed with supplier. The standard terms are 60 days 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
Dispute Resolution Process
Disputes with suppliers are resolved by the internal buyer from the relevant department assisted by members of the Finance and Purchasing teams. If these efforts fail the Finance Director gets involved in the dispute.
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
VEKA PLC is a leading global manufacturer of high-quality PVCu window and door systems. Based in Burnley, Lancashire, the company has been in operation since 1986 and has established a strong reputation in the building and construction industry.
The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices. This includes the use of recycled materials in their products and implementing energy-efficient processes in their manufacturing facilities.
VEKA PLC offers a range of products and services, including windows, doors, conservatories, and building facades. These products are known for their durability, energy efficiency, and aesthetic appeal. The company also offers a bespoke design service to meet the specific needs of their customers.
Key people in VEKA PLC include Dave Jones, the Managing Director, and Neil Evans, the Sales and Marketing Director. Both have extensive experience in the industry and are committed to driving the company's growth and success.
The company's registered office address is VEKA PLC, Farrington Road, Burnley, Lancashire, BB11 5SS. Their website, www.vekauk.com, provides further information on their products, services, and sustainability efforts. VEKA PLC can also be contacted via phone at 01282 716611 or email at enquiries@veka.com.
In conclusion, VEKA PLC is a renowned manufacturer of PVCu window and door systems with a strong focus on sustainability. Their high-quality products, bespoke design services, and experienced leadership make them a trusted choice for customers in the building and construction industry.
