EDMUNDSON ELECTRICAL LIMITED

PaymentCheck Score 2024
35Poor
0.6vs last year
#5002 in UK
#366 in Property
#391 in North West

Company Information

Company Number
02667012
Registered Address
Edmundson House, Tatton Street, Knutsford, Cheshire, England, WA16 6AY
Status
Active
Employee Count
3,927
Turnover
£1,734,391,000
EBITDA
£110,624,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 November 1991
Nature of Business
46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
Industries
Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
70 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
13%
31-60 Days
21%
After 60 Days
66%
Not Paid Within Terms11%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20256813%21%66%7%
01 Jan 2024 - 30 Jun 202430 Jul 20247013%21%66%11%
01 Jul 2023 - 31 Dec 202330 Jan 20246912%20%68%7%
01 Jan 2023 - 30 Jun 202325 Jul 20236913%20%67%11%
01 Jul 2021 - 31 Dec 202128 Jan 20226911%19%70%8%
01 Jan 2020 - 30 Jun 202029 Jul 20206911%20%69%11%
01 Jan 2019 - 30 Jun 201930 Jul 20196611%24%65%9%
01 Jan 2018 - 30 Jun 201825 Jul 20186611%26%63%10%

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

The business does not have standard terms for payment. Terms are negotiated with each individual supplier. The most frequently used payment terms in the reporting period are 60 days from month end.

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

Debit notes are raised against invoices in dispute. These are authorised by the manager of the relevant trading location and sent to the supplier for their records. If a supplier disputes a debit note or has a payment query, they should contact the accounts payable team or the manager of the relevant trading location. Disputes should be resolved within 60 days of the supplier receiving the debit note. Disputes not resolved within 60 days should be escalated to the Regional 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

EDMUNDSON ELECTRICAL LIMITED is a leading UK-based electrical distributor and supplier, providing a wide range of products and services to its customers. The company was founded in 1801 and has a long-standing reputation for quality and reliability.

The company offers a comprehensive range of electrical products, including cables, wiring accessories, lighting, and industrial control equipment. They also provide services such as lighting design, energy management, and technical support to their customers.

EDMUNDSON ELECTRICAL LIMITED has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program for waste products and promote energy-efficient products to their customers.

The key people of the company include the Managing Director, Mr. Paul Edmundson, and the Chairman, Mr. Mark Edmundson. Both of them have a vast experience in the electrical industry and have been instrumental in the company's success.

Customers can contact EDMUNDSON ELECTRICAL LIMITED through their website, which also provides information about their products and services. The registered office address of the company is located in Blackburn, Lancashire.

In conclusion, EDMUNDSON ELECTRICAL LIMITED is a reputable and sustainable company that offers a wide range of quality electrical products and services. With a strong leadership team and a commitment to sustainability, the company continues to be a trusted and reliable partner for its customers.

Financial Metrics

Cash
£12,479,000
Net Worth
£409,920,000
Total Current Assets
£716,298,000
Total Current Liabilities
£296,021,000

Company Location