SPECTRUM BRANDS (UK) LIMITED
Company Information
- Company Number
- 02394603
- Registered Address
- Regent Mill Fir Street, Failsworth, Manchester, M35 0HS
- Status
- Active
- Employee Count
- 207
- Turnover
- £327,103,000
- EBITDA
- £12,235,000
Additional Details
- Website
- https://spectrumbrands.com/
- Company Type
- Private limited Company
- Incorporated On
- 13 June 1989
- Nature of Business
- 46499 - Wholesale of household goods (other than musical instruments) not elsewhere classified70100 - Activities of head offices
- Industries
- Supply Chain
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 Apr 2019 - 30 Sept 2019 | 20 Nov 2019 | 59 | 29% | 32% | 39% | 50% |
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
90 days Direct materials 60 days Indirect materials and services With the exception of utilities, insurance, transportation, rent and leases, third party labour and capital spend which are negotiated with each vendor.
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
120
Dispute Resolution Process
The supplier should make contact with their accounts payable contact to notify a dispute or complaint, the accounts payable department will then liaise with the relevant department to resolve the issue.
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.
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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.
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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
SPECTRUM BRANDS (UK) LIMITED is a company that specializes in consumer products such as home appliances, pet supplies, and personal care products. The company's sustainability program focuses on reducing their environmental impact through various initiatives.
Some of their sustainable practices include using renewable energy sources, reducing waste and emissions, and promoting sustainable packaging. They also prioritize ethical sourcing and fair labor practices in their supply chain.
Their products range from home appliances such as irons and coffee makers to pet supplies like toys and grooming products. They also offer personal care products such as electric toothbrushes and hair dryers.
The key people in SPECTRUM BRANDS (UK) LIMITED include their Managing Director, Finance Director, and Marketing Director. They are responsible for driving the company's growth and ensuring its sustainability goals are met.
The company's registered office address is at 1st Floor, Brooklands House, 58, Marlborough Road, Lancing Business Park, Lancing, West Sussex, BN15 8AF. Their website address is www.spectrumbrands.co.uk, where customers can find information about their products and sustainability efforts.
In summary, SPECTRUM BRANDS (UK) LIMITED is a consumer products company that is committed to sustainability and offers a wide range of high-quality products. Their key people drive the company's success, and customers can visit their website for more information about their products and sustainability initiatives.
