MAKITA (UK) LIMITED

PaymentCheck Score 2025
76Good
1.3vs last year
#2083 in UK
#340 in South East

Company Information

Company Number
03033057
Registered Address
Michigan Drive, Tongwell, Milton Keynes, Buckinghamshire, MK15 8JD
Status
Active
Employee Count
240
Turnover
£231,871,000
EBITDA
£11,724,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 March 1995
Nature of Business
46690 - Wholesale of other machinery and equipment
Industries
Supply Chain
Region
South East

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
66%
31-60 Days
22%
After 60 Days
11%
Not Paid Within Terms0%

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: 2024-10-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202524 Oct 20253359%27%14%0%
01 Oct 2024 - 31 Mar 202524 Jun 20253064%27%9%0%
01 Oct 2023 - 31 Mar 202418 Apr 20243360%26%14%0%
01 Apr 2023 - 30 Sept 202320 Oct 20232382%17%1%0%
01 Apr 2022 - 30 Sept 202228 Oct 20224464%20%17%0%
01 Oct 2021 - 31 Mar 202219 May 20223868%18%14%0%
01 Apr 2021 - 30 Sept 202101 Nov 20213559%22%19%0%
01 Oct 2020 - 31 Mar 202112 May 20214051%25%24%0%

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 supplier's standard payment terms are used regularly. These are 30 days for locally provided goods and services and 60 days for imported goods.

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

60

Dispute Resolution Process

If there is a dispute about an invoice then either our Accounts Payable staff or the contract originator will contact the supplier for an explanation and then if applicable the supplier will raise a credit note or provide another method of resolution so that the invoice can be paid. The most common reason for a delay in payment is when an invoice has not been received by the supplier. Once we know this and have received the invoice it will be paid by being included in the next payment run.

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

MAKITA (UK) LIMITED is a leading manufacturer and distributor of power tools and accessories in the UK. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using renewable energy sources, reducing waste and promoting recycling, and implementing energy-efficient practices in their manufacturing processes. They also have a dedicated team that continuously works towards improving their sustainability efforts.

The company offers a wide range of products and services including power tools, outdoor power equipment, and accessories for professional and DIY use. Their products are known for their high quality, durability, and innovative features.

The key people at MAKITA (UK) LIMITED include Mr. Masahiko Goto, the Managing Director, and Mr. Kevin Brannan, the Sales and Marketing Director. They have a team of experienced professionals who are dedicated to providing excellent customer service and promoting the company's sustainability goals.

For more information on their products and services, customers can visit their website at www.makitauk.com. The company's registered office address is Michigan Drive, Tongwell, Milton Keynes, MK15 8JD, United Kingdom.

In summary, MAKITA (UK) LIMITED is a leading company in the power tool industry, known for their commitment to sustainability and high-quality products. With a dedicated team and a wide range of products, they continue to serve their customers with excellence.

Financial Metrics

Cash
£38,189,000
Net Worth
£324,582,000
Total Current Assets
£215,578,000
Total Current Liabilities
£65,225,000

Company Location