ELECTROLUX PLC
Company Information
- Company Number
- 02331516
- Registered Address
- Electrolux, Addington Way, Luton, Bedfordshire, LU4 9QQ
- Status
- Active
- Employee Count
- 331
- Turnover
- £295,619,000
- EBITDA
- £5,300,000
Additional Details
- Website
- https://electrolux.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 29 December 1988
- 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
- Property-related Goods And Services
- Region
- East of England
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 | 29 Jul 2025 | 34 | 38% | 61% | 1% | 98% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 34 | 39% | 60% | 1% | 85% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 34 | 37% | 63% | 1% | 99% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 34 | 39% | 60% | 1% | 99% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 33 | 45% | 51% | 4% | 92% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 34 | 50% | 37% | 12% | 75% |
| 01 Jan 2022 - 30 Jun 2022 | 07 Jul 2022 | 36 | 47% | 39% | 14% | 72% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 34 | 50% | 40% | 10% | 72% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Jul 2021 | 36 | 46% | 45% | 9% | 78% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 33 | 52% | 38% | 10% | 73% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 38 | 44% | 37% | 18% | 62% |
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
60 days plus end of month Exceptionally both shorter and longer payment terms can be offered for various types of companies by agreement.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Standard payment runs are made weekly therefore undisputed invoices can be paid up to 6 days late. In addition payments made can take up to 2 days to clear the bank. Less than 31% of invoices remained unpaid more than 6 days after the due date. Further 96% of the total transactions in the data relate to intercompany supplier invoices versus 4% for third party suppliers, which skews the data. If the intercompany invoices are excluded then the % of invoices paid late is 48.6% and 12.4% of invoices remain unpaid more than 6 days after the due date.
Maximum contractual payment period agreed
165
Dispute Resolution Process
Suppliers are provided with standard payment instructions, which advises information required on invoices to minimise payment delays, addresses to send invoices to and encourages electronic invoicing. Any disputes should be directed to the company contact or the Accounts payable team in Poland at Electrolux Poland Sp. z o.o. - 30-570 Kraków , al. Powstańców Śląskich 26. Email queries can also be sent to ap_uk@electrolux.de. We aim to respond to correspondence within 2 days and are committed to resolving issues in a timely manner.
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
Electrolux PLC is a global company that specializes in home appliances and professional appliances, with a focus on sustainability and innovation. Their registered office address is Addington Way, Luton, Bedfordshire, LU4 9QQ, United Kingdom.
The company's sustainability program, called "For the Better", aims to make a positive impact on the environment and society through their operations and products. This includes reducing their carbon footprint, promoting sustainable sourcing, and designing energy-efficient products.
Electrolux offers a wide range of products, including refrigerators, washing machines, ovens, air conditioners, and vacuum cleaners, under various well-known brands such as AEG, Zanussi, and Frigidaire. They also provide professional appliances for commercial use.
The key people leading Electrolux include Jonas Samuelson, President and CEO, and Petra Hedengran, Executive Vice President and Head of Group Sustainability. They are committed to driving the company towards a more sustainable future.
The company's website, www.electrolux.co.uk, provides detailed information on their products and sustainability initiatives, as well as contact information for customer support and inquiries.
In summary, Electrolux PLC is a leading global company in the home appliance industry, with a strong focus on sustainability and innovation. Their wide range of products and commitment to making a positive impact on the environment and society make them a trusted and responsible brand.
