DANFOSS LIMITED
Company Information
- Company Number
- 02605811
- Registered Address
- 22 Wycombe End, Beaconsfield, Buckinghamshire, HP9 1NB
- Status
- Active
- Employee Count
- 462
- Turnover
- £119,594,000
- EBITDA
- £4,282,000
Additional Details
- Website
- https://danfoss.com
- Company Type
- Private limited Company
- Incorporated On
- 29 April 1991
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Life Sciences And Medical Technology
- Region
- South East
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 2023 - 30 Jun 2024 | 15 Jul 2024 | 28 | 11% | 58% | 31% | 69% |
| 01 Jan 2021 - 31 May 2021 | 18 Jun 2021 | 38 | 22% | 50% | 28% | 56% |
| 01 Jul 2020 - 31 Dec 2020 | 04 May 2021 | 38 | 28% | 44% | 28% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Sept 2020 | 50 | 11% | 45% | 44% | 61% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Sept 2020 | 67 | 9% | 31% | 60% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Feb 2020 | 51 | 8% | 55% | 37% | 68% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Feb 2020 | 44 | 6% | 48% | 46% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Feb 2020 | 67 | 7% | 30% | 64% | 28% |
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
Current Month + 15 days
Were there any changes to the standard payment terms in the reporting period?
Extended from 30 days to CM +15
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Claim investigated by relevant department
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
DANFOSS LIMITED, based in Luton, UK, is a global provider of energy-efficient solutions for various industries, including heating, cooling, and industrial automation. The company was founded in 1933 and has since expanded to over 100 countries worldwide.
DANFOSS LIMITED is committed to sustainability and has implemented several initiatives to reduce its environmental impact. This includes setting ambitious targets for reducing CO2 emissions, promoting energy-efficient products, and implementing sustainable practices in its operations. The company also partners with organizations to support sustainable development and combat climate change.
The company offers a wide range of products and services, including heating and cooling systems, variable speed drives, valves and controls, and industrial automation solutions. These products are designed to improve energy efficiency, reduce waste, and lower operating costs for businesses.
The key people at DANFOSS LIMITED include the CEO, Kim Fausing, and the Executive Vice President, Jörgen M. Clausen. They are supported by a team of experienced professionals who are dedicated to driving the company's growth and sustainability goals.
For more information about DANFOSS LIMITED, their products, and services, you can visit their website at www.danfoss.com. Their registered office address is Danfoss House, Ridgeway, Mill Ridge Road, Luton, Bedfordshire, LU2 7TN, United Kingdom.
