FOCUSRITE AUDIO ENGINEERING LIMITED

PaymentCheck Score 2025
63Fair
5.1vs last year
#2893 in UK
#29 in Hardware
#473 in South East

Company Information

Company Number
02357989
Registered Address
Artisan, Hillbottom Road, High Wycombe, Buckinghamshire, England, HP12 4HJ
Status
Active
Employee Count
224
Turnover
£76,530,000
EBITDA
£10,037,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 March 1989
Nature of Business
26400 - Manufacture of consumer electronics
Industries
Hardware, Media And Publishing
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
79%
31-60 Days
16%
After 60 Days
5%
Not Paid Within Terms46%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-03-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202513 Mar 20254054%32%14%36%
01 Sept 2023 - 29 Feb 202426 Mar 20242479%16%5%46%
01 Mar 2023 - 31 Aug 202327 Sept 20236054%26%20%52%
01 Sept 2022 - 28 Feb 202331 Mar 20235043%37%20%65%
01 Mar 2022 - 31 Aug 202230 Sept 20223952%33%15%49%
01 Sept 2021 - 28 Feb 202230 Mar 20222864%32%4%34%
01 Mar 2021 - 31 Aug 202130 Sept 20213560%28%12%34%
01 Sept 2020 - 28 Feb 202130 Mar 20213562%29%9%27%
01 Mar 2020 - 31 Aug 202030 Sept 20203166%26%8%24%
01 Sept 2018 - 28 Feb 201925 Mar 20193163%33%4%18%

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

60Days inventory, and 30 days for other services

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

Every effort is made to resolve all payment related disputes and queries quickly. The supplier is immediately contacted by email or phone and the query is resolved.

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

FOCUSRITE AUDIO ENGINEERING LIMITED is a British company that specializes in the design and manufacture of high-quality audio equipment. They are committed to sustainability and have implemented a number of environmentally friendly practices in their operations.

The company offers a wide range of products and services, including audio interfaces, preamps, and studio monitors. They also provide software solutions for recording, mixing, and mastering audio. These products are used by musicians, producers, and recording engineers around the world.

FOCUSRITE AUDIO ENGINEERING LIMITED was founded in 1989 and is currently led by CEO Tim Carroll. The company has a team of experienced engineers and designers who are dedicated to creating innovative and reliable audio equipment.

In terms of sustainability, the company has taken a number of steps to reduce their environmental impact. This includes using sustainable materials in their products, optimizing their manufacturing processes to reduce waste, and implementing energy-saving measures in their facilities. They also have a rigorous recycling program in place.

The company's registered office address is in High Wycombe, Buckinghamshire, and their website is www.focusrite.com. They also have a strong presence on social media platforms such as Facebook, Twitter, and Instagram.

In conclusion, FOCUSRITE AUDIO ENGINEERING LIMITED is a leading British company in the audio equipment industry, known for their commitment to sustainability and high-quality products and services. With their experienced team and dedication to innovation, they continue to be a top choice for audio professionals.

Financial Metrics

Cash
£3,945,000
Net Worth
£72,047,000
Total Current Assets
£96,305,000
Total Current Liabilities
£23,734,000

Company Location