ABB LIMITED
Company Information
- Company Number
- 03780764
- Registered Address
- Daresbury Park, Daresbury, Warrington, Cheshire, WA4 4BT
- Status
- Active
- Employee Count
- 1,383
- Turnover
- £367,035,000
- EBITDA
- £7,434,000
Additional Details
- Website
- https://europe.tnb.com/
- Company Type
- Private limited Company
- Incorporated On
- 1 June 1999
- Nature of Business
- 27120 - Manufacture of electricity distribution and control apparatus43210 - Electrical installation46520 - Wholesale of electronic and telecommunications equipment and parts70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- North West
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 | 23 Jul 2025 | 75 | 6% | 20% | 74% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 67 | 9% | 20% | 71% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 69 | 7% | 20% | 73% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 67 | 9% | 22% | 69% | 70% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 72 | 7% | 19% | 74% | 65% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 69 | 8% | 23% | 69% | 51% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 71 | 6% | 23% | 71% | 68% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 69 | 8% | 26% | 66% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Feb 2021 | 68 | 8% | 27% | 65% | 62% |
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
For 3rd Party suppliers, the global payment terms are 90 days end of month from date of invoice with payment by the 4th working day of the following month. These terms are applied to new suppliers, and to new contracts. The procurement teams based in the local business units can deviate from these standard terms based upon spend and size of supplier company. For intercompany suppliers, the standard terms are 60 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
120
Dispute Resolution Process
The business process for resolving disputes is managed by the local business Procurement teams, together with a central Accounts Payable Team. There is a 'no PO no Pay' policy in place throughout the organization
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
ABB LIMITED is a global technology company that specializes in electrification, automation, and digitalization. They provide a wide range of products and services to various industries such as energy, transportation, and infrastructure.
The company has a strong focus on sustainability and has implemented several initiatives to reduce their environmental impact. This includes using renewable energy sources in their operations, reducing waste and emissions, and promoting energy-efficient products.
Their sustainability program, called "ABB Ability," aims to help customers improve their energy efficiency, reduce emissions, and optimize resource usage. They also offer a range of sustainable products such as electric vehicle charging stations and energy storage solutions.
Key people at ABB LIMITED include the CEO, Björn Rosengren, and the Chairman of the Board, Peter Voser. The company has a global presence with operations in over 100 countries and a workforce of approximately 144,000 employees.
Their registered office address is at ABB Limited, Oerlikon, 8050 Zurich, Switzerland. Customers can contact them through their website, www.abb.com, for more information on their products and services. ABB LIMITED is committed to creating a sustainable future through their innovative technology solutions and responsible business practices.
