SONY EUROPE LIMITED
Company Information
- Company Number
- 02422874
- Registered Address
- C/O Legal Department, The Heights, Brooklands, Weybridge, Surrey, KT13 0XW
- Status
- Converted / Closed
- Employee Count
- 2,730
- Turnover
- £3,438,170,000
- EBITDA
- £6,499,000
Additional Details
- Company Type
- Converted/closed company
- Incorporated On
- 14 September 1989
- Nature of Business
- 26400 - Manufacture of consumer electronics26702 - Manufacture of photographic and cinematographic equipment46431 - Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played46510 - Wholesale of computers, computer peripheral equipment and software
- Industries
- Hardware, Media And Publishing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SONY EUROPE LIMITED's average payment time is 43 days, with a significant majority (61%) settling between 31 and 60 days. Only 30% of payments are made within 30 days, indicating a consistent trend where payments routinely exceed standard net-30 terms. This trajectory suggests suppliers should anticipate extended payment cycles rather than prompt settlement.
Volatility Analysis
Payment predictability is moderate; while 61% fall within a defined 30-day window (31-60 days), a substantial 20% are consistently late. The 9% of payments exceeding 60 days introduces a degree of unreliability and elevated risk for suppliers dependent on strict payment schedules. Suppliers should anticipate potential deviations from ideal payment terms, impacting cash flow forecasting.
Summary Analysis
SONY EUROPE LIMITED exhibits a payment pattern predominantly extending beyond 30 days, requiring suppliers to adjust expectations for cash realization. Suppliers must consider the 20% late payment rate and the average 43-day payment cycle when assessing their working capital requirements. To mitigate risk, suppliers should plan for longer payment windows, potentially negotiate stricter terms, or explore early payment options.
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 Oct 2018 - 30 Apr 2019 | 07 May 2019 | 43 | 30% | 61% | 9% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 18 Oct 2018 | 40 | 27% | 66% | 7% | 17% |
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 day standard payment terms
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
30
Dispute Resolution Process
Helpdesk based query resolution with escalation to management if required
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.
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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?
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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
Sony Europe Limited is registered as a converted/closed company. Its name indicates it formerly engaged in the European operations for the Sony brand.
The company was incorporated on 14 September 1989, holding company number 02422874. Its registered office is located at C/O Legal Department, The Heights, Brooklands, Weybridge, Surrey, KT13 0XW, within the South East region.
Organisations associated with the Sony brand in the UK market typically specialise in the development, distribution, and marketing of consumer electronics, professional solutions, and entertainment products. This encompasses items such as televisions, cameras, audio equipment, and gaming consoles, alongside various content services.
