DYSON LIMITED
Company Details
Registration Number
02627406
Registered Address
Tetbury Hill Malmesbury Wiltshire SN16 0RP
Company Status
Active
Employee Count
419
Turnover
£376,400,000
EBITDA
£9,600,000
Additional Information
Website
www.dyson.co.uk/Company Type
Private limited Company
Incorporated on
8 July 1991
Nature of Business (SIC)
27510 - Manufacture of electric domestic appliances
Industries
Appliances and kitchenware, Distribution and wholesale, Electronics hardware, Online retailing
Region
South WestCompany Location
Financial Overview
£0
£44,000,000
Last Reporting Period
Filed
29 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
22 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
45 days
Payment Timeline
Not Paid Within Terms
9%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 22 | 84% | 12% | 4% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 22 | 83% | 11% | 6% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 20 | 87% | 10% | 3% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 21 | 85% | 11% | 4% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 18 | 90% | 9% | 1% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 22 | 82% | 15% | 3% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 27 | 77% | 18% | 5% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 21 | 83% | 15% | 2% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 19 | 89% | 10% | 1% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 20 | 86% | 13% | 1% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 22 | 87% | 12% | 1% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 21 | 82% | 16% | 2% | 14% |
Company Summary
DYSON LIMITED is a British technology company that designs and manufactures household appliances such as vacuum cleaners, air purifiers, and hair care products
Founded in 1991 by James Dyson, the company is known for its innovative and high-quality products
The company's sustainability program focuses on reducing its carbon footprint and promoting sustainable practices in its operations
This includes using renewable energy sources, reducing waste and emissions, and promoting recycling and reuse of materials
One of the company's flagship products is the Dyson Airblade hand dryer, which uses 80% less energy than conventional hand dryers and produces 85% less carbon emissions
This product has been widely adopted in public restrooms and has helped to reduce paper waste
Other notable products include the Dyson V11 vacuum cleaner, which has a powerful motor and a long-lasting battery, and the Supersonic hair dryer, which uses innovative technology to reduce heat damage and improve hair health
The key people at DYSON LIMITED include founder and Chief Engineer James Dyson, CEO Roland Krueger, and Chief Operating Officer Scott Maguire
The company has a global presence with offices and manufacturing facilities in the UK, Singapore, Malaysia, and the Philippines
For more information on DYSON LIMITED and its products, customers can visit their website at www.dyson.co.uk
The company's registered office is located at Tetbury Hill, Malmesbury, Wiltshire SN16 0RP, United Kingdom
Company Review
Trend Analysis
The average time taken for DYSON LIMITED to pay invoices has remained relatively consistent over the past three periods, with a slight increase from 20 days in 2019 to 22 days in 2023. However, there was a noticeable increase in 2020, where the average time to pay jumped to 27 days.
Volatility Analysis
The data for DYSON LIMITED shows some volatility in the percentage of invoices paid within 30 days, with a high of 90% in 2021 and a low of 77% in 2020.
Summary Analysis
There has been a slight increase in the average time taken for DYSON LIMITED to pay invoices, from 20 days in 2019 to 22 days in 2023. However, there was a significant increase in 2020 where the average time to pay jumped to 27 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Dyson Limited’s most frequently used payment term for external suppliers is Net Monthly, which corresponds to an effective 45 Day term. Dyson Limited’s most frequently used payment term for intercompany suppliers is 30 Days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
All payment and invoice disputes should be directed to the Accounts Payable portal via AllUKPurchaseLedger@dyson.com or addressed to Dyson Limited, Accounts Payable, Tetbury Hill, Malmesbury, Wiltshire, SN16 0RP. We operate an escalation process where queries can be escalated to the Accounts Payable Supervisor in the first instance, through to the Accounts Payable Manager for resolution.
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?
❌
