GLEN DIMPLEX HOME APPLIANCES LIMITED
Company Information
- Company Number
- 02692306
- Registered Address
- Stoney Lane, Prescot, Merseyside, L35 2XW
- Status
- Active
- Employee Count
- 331
- Turnover
- £41,761,000
- EBITDA
- -£3,501,000
Additional Details
- Website
- https://belling.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 28 February 1992
- Nature of Business
- 27510 - Manufacture of electric domestic appliances27520 - Manufacture of non-electric domestic appliances
- Industries
- Property-related Goods And Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for GLEN DIMPLEX HOME APPLIANCES LIMITED to pay invoices has decreased over the three periods, from 49 days in Sep 2018 to 44 days in Mar 2020. However, there was a slight increase from Mar 2019 to Sep 2019 before decreasing again in the latest period.
Volatility Analysis
The company's percentage of invoices paid within 30 days has fluctuated over the three periods, from 28% in Sep 2018 to 34% in Mar 2019 and then back down to 33% in Mar 2020. Similarly, the percentage of invoices paid between 31 and 60 days has also fluctuated, from 37% in Sep 2018 to 20% in Mar 2019 and then back up to 19% in Mar 2020. However, the percentage of invoices paid later than 60 days has steadily increased over the three periods, from 35% in Sep 2018 to 48% in Mar 2020.
Summary Analysis
In summary, GLEN DIMPLEX HOME APPLIANCES LIMITED has shown a slight improvement in their average time taken to pay invoices, but there has been volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. The company has also seen a significant increase in the percentage of invoices paid later than 60 days, indicating a potential issue with delayed payments.
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 |
|---|---|---|---|---|---|---|
| 28 Sept 2019 - 27 Mar 2020 | 19 May 2020 | 44 | 33% | 19% | 48% | 77% |
| 29 Mar 2019 - 27 Sept 2019 | 31 Oct 2019 | 43 | 34% | 20% | 45% | 83% |
| 29 Sept 2018 - 28 Mar 2019 | 14 Oct 2019 | 49 | 28% | 37% | 35% | 76% |
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
Payment made on the last day of the second month following date of invoice.
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
121
Dispute Resolution Process
Disputed invoices are suspended and passed to either relevent department to approve or booking in to confrim delivery . If still unresloved it is escalated to Financial Controller who liaises with relevant department manager.
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
Glen Dimplex Home Appliances Limited is a leading manufacturer of domestic appliances, with a strong commitment to sustainability. The company offers a wide range of products including refrigerators, washing machines, dishwashers, and ovens.
Their sustainability program focuses on reducing their environmental impact through energy-efficient designs, eco-friendly materials, and responsible waste management. They have also implemented measures to reduce their carbon footprint, such as using renewable energy sources and promoting sustainable transportation.
Glen Dimplex Home Appliances Limited is led by a team of experienced professionals, including CEO Fergal Naughton. The company's registered office address is Newbridge, County Kildare, Ireland.
Their website address is www.glendimplex.com, which provides information on their products, sustainability efforts, and company news. Customers can also contact the company through their website for any inquiries or support.
In summary, Glen Dimplex Home Appliances Limited is a reputable company that is committed to sustainability and offers a wide range of high-quality domestic appliances. With a team of experienced leaders and a strong focus on reducing their environmental impact, the company continues to innovate and provide sustainable solutions for modern homes.
