HANSGROHE LIMITED

PaymentCheck Score 2022
61Fair
0.3vs last year
#3410 in UK
#200 in West Midlands

Company Information

Company Number
02485328
Registered Address
Unit 2 Edgehill Drive, Tournament Fields, Warwick, England, CV34 6XQ
Status
Active
Employee Count
92
Turnover
£52,084,000
EBITDA
£3,616,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 March 1990
Nature of Business
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
49 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
35%
31-60 Days
41%
After 60 Days
24%
Not Paid Within Terms65%

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: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202214 Jul 20224155%25%21%45%
01 Jul 2021 - 31 Dec 202114 Jan 20224054%30%16%46%
01 Jan 2020 - 30 Jun 202030 Jul 20203368%23%9%33%
01 Jul 2019 - 31 Dec 201928 Jan 20203362%29%9%33%
01 Jan 2019 - 30 Jun 201915 Jul 20193283%12%5%17%
01 Jul 2018 - 31 Dec 201822 Jan 20193287%8%5%13%

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

Standard payment terms for the majority of suppliers is 30 days. There are a minority of suppliers on immediate terms and some on 14 days.

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

Missing invoices - we contact the supplier and request a copy of invoice per email. In case of dispute - we involve the purchaser / person who ordered the goods and resolve the issue with the supplier through purchaser and finance for support. Email correspondence is preferred for references. Invoices are blocked for payment until a credit note is received or dispute is resolved. When an issue/complaint is raised, an accounts payable employee looks into the vendor account and checks the invoices in question. Complicated issues can be escalated to the financial controller and/or finance director.

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

HANSGROHE LIMITED is a leading bathroom and kitchen supplier based in the United Kingdom. The company is committed to sustainability and offers a wide range of products and services that cater to the needs of both residential and commercial customers.

The company's sustainability program focuses on reducing water consumption and promoting eco-friendly practices. HANSGROHE LIMITED has developed products such as water-saving faucets and showerheads, as well as wastewater recycling systems, to help consumers conserve water and minimize their environmental impact.

HANSGROHE LIMITED also offers a variety of high-quality bathroom and kitchen products, including faucets, showers, and accessories, that are both stylish and functional. The company's products are designed to enhance the overall aesthetics and functionality of any bathroom or kitchen.

The company's key people include its managing director, Mr. Hans-Jürgen Kalmbach, who has over 30 years of experience in the bathroom and kitchen industry. The company also has a team of dedicated and experienced professionals who work tirelessly to ensure the highest standards of quality and customer satisfaction.

For inquiries or purchases, customers can visit the company's website at www.hansgrohe.co.uk. The registered office address of HANSGROHE LIMITED is located at 1 The Waterfront, Station Road, Fleet, Hampshire, GU51 3UT, United Kingdom.

In conclusion, HANSGROHE LIMITED is a reputable and sustainable company that offers a wide range of top-quality bathroom and kitchen products and services. With its commitment to sustainability, innovative products, and experienced team, the company continues to be a trusted choice for customers in the UK and beyond.

Financial Metrics

Cash
£6,622,000
Net Worth
£9,906,000
Total Current Assets
£16,495,000
Total Current Liabilities
£8,044,000

Company Location