FUTURE ELECTRONICS LIMITED
Company Information
- Company Number
- 02087867
- Registered Address
- Future House, The Glanty, Egham, Surrey, TW20 9AH
- Status
- Active
- Employee Count
- 364
- Turnover
- £907,784,000
- EBITDA
- -£5,132,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 January 1987
- Nature of Business
- 46520 - Wholesale of electronic and telecommunications equipment and parts
- Industries
- Supply Chain
- Region
- South East
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 35 | 45% | 48% | 7% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 55% | 41% | 4% | 40% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 32 | 56% | 39% | 5% | 42% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 31 | 54% | 3% | 43% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 30 | 56% | 42% | 2% | 42% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 31 | 53% | 43% | 4% | 46% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Mar 2021 | 30 | 54% | 42% | 4% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 29 | 57% | 39% | 4% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 28 | 58% | 38% | 4% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 29 | 53% | 43% | 4% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 31 | 51% | 44% | 5% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 30 | 56% | 39% | 5% | 10% |
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
The most frequent payment terms are 30 days paid by electronic funds transfer. In our industry (electronic components distribution), payment terms tend to be determined by the individual supplier.
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
90
Dispute Resolution Process
Any payment disputes are dealt with by the relevant department with assistance from the Accounts Payable teams. We aim to resolve disputes within the payment period. Otherwise we maintain regular contact with the supplier in question to try and resolve as quickly as possible.
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
FUTURE ELECTRONICS LIMITED is a leading global distributor of electronic components. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
One of their sustainability programs is the "Green Team", which focuses on reducing waste and promoting recycling within the company. FUTURE ELECTRONICS LIMITED also offers eco-friendly product options to their customers, such as energy-efficient components and packaging materials.
The company's product and service offerings include a wide range of electronic components, including semiconductors, connectors, and sensors. They also provide design and engineering support, as well as supply chain solutions to help customers streamline their operations.
The key people at FUTURE ELECTRONICS LIMITED include President Robert Miller and Executive Vice President Jacques Hing. They have a team of experienced professionals who are dedicated to providing excellent customer service and driving the company's success.
The company's website address is www.futureelectronics.com, where customers can browse their product catalogue and access technical resources. The registered office address is Future House, 6 Beckett Way, Park West Business Park, Dublin 12, Ireland.
In summary, FUTURE ELECTRONICS LIMITED is a sustainable and innovative leader in the electronic components industry. With their commitment to sustainability, wide range of products and services, and experienced team, they continue to be a trusted and reliable partner for their customers.
