UK ELECTRIC LIMITED
Company Information
- Company Number
- 02742081
- Registered Address
- Votec House, Hambridge Lane, Newbury, Berkshire, RG14 5TN
- Status
- Active
- Employee Count
- 202
- Turnover
- £94,231,000
- EBITDA
- £10,254,000
Additional Details
- Website
- https://aga-spares.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 August 1992
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Property,Infrastructure And Construction
- 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 2025 - 30 Jun 2025 | 31 Jul 2025 | 60 | 7% | 42% | 51% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 60 | 9% | 40% | 51% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 59 | 10% | 39% | 51% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 62 | 8% | 42% | 50% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 58 | 9% | 44% | 47% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 57 | 9% | 47% | 44% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 57 | 9% | 48% | 43% | 12% |
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 Terms including any standard contractual length of time for payment of invoices and the maximum contractual payment period, any changes to standard terms, whether suppliers have been notified or consulted on these changes.
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.
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
UK ELECTRIC LIMITED is a leading company in the electric industry, providing sustainable solutions and services to its customers. The company is committed to promoting and implementing sustainable practices in all aspects of its operations.
One of the key activities of UK ELECTRIC LIMITED is the production and distribution of high-quality electric products. The company offers a wide range of products, including energy-efficient lighting solutions, solar panels, and electric vehicle charging stations, to meet the diverse needs of its customers.
UK ELECTRIC LIMITED also has a strong sustainability program in place, which includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing eco-friendly manufacturing processes. The company is dedicated to minimizing its environmental impact and contributing to a greener future.
The key people at UK ELECTRIC LIMITED are its dedicated team of professionals, including experienced engineers, technicians, and customer service representatives. They are committed to providing excellent products and services to their customers and upholding the company's values of sustainability and innovation.
For more information on UK ELECTRIC LIMITED and its products and services, customers can visit their website at www.ukelectric.com. The registered office address of the company is located at 25 Green Street, London, UK. With its strong focus on sustainability and quality, UK ELECTRIC LIMITED continues to make a positive impact in the electric industry.
