HENKEL UK OPERATIONS LIMITED

PaymentCheck Score 2024
45Poor
4.0vs last year
#4590 in UK
#91 in Raw Materials And Intermediate Goods
#323 in East of England

Company Information

Company Number
03819935
Registered Address
Wood Lane End, Hemel Hempstead, Hertfordshire, United Kingdom, HP2 4RQ
Status
Active
Employee Count
161
Turnover
£17,476,000
EBITDA
£3,717,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 August 1999
Nature of Business
20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
Industries
Raw Materials And Intermediate Goods
Region
East of England

Time to Pay

Average Time to Pay
55 days
Shortest Period:60 days
Longest Period:90 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
18%
31-60 Days
39%
After 60 Days
43%
Not Paid Within Terms8%

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: 2024-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202426 Jul 20245518%39%43%8%
01 Jul 2023 - 31 Dec 202317 May 20245420%42%38%6%
01 Jan 2023 - 30 Jun 202317 May 20245229%36%35%11%
01 Jul 2021 - 31 Jul 202101 Feb 20226520%21%59%6%

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 above are End of Month payable on the 5th of the following month

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

150

Dispute Resolution Process

All suppliers are referred to the Henkel Supplier Portal (ticketing system). Each supplier has full access to their account. If there is a query, the supplier raises a ticket. The Henkel Finance department responds to the ticket within 5 days.

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

HENKEL UK OPERATIONS LIMITED is a multinational company that specializes in the manufacturing and distribution of various consumer and industrial products. Headquartered in Hemel Hempstead, United Kingdom, the company's operations in the UK include research and development, production, and sales.

The sustainability program of HENKEL UK OPERATIONS LIMITED is focused on reducing its environmental impact through various initiatives such as using renewable energy, reducing carbon emissions, and promoting waste reduction and recycling. The company also places a strong emphasis on social responsibility by supporting local communities and promoting diversity and inclusion within its workforce.

The company offers a wide range of products and services under its various brands, including household cleaning products, personal care products, adhesives, and sealants. Its popular brands include Persil, Schwarzkopf, and Loctite, among others. HENKEL UK OPERATIONS LIMITED also provides customized solutions for industrial and commercial customers in the form of adhesives, coatings, and surface treatments.

The key people in HENKEL UK OPERATIONS LIMITED include the Managing Director, Mr. Nigel Wright, and the Chief Financial Officer, Ms. Ann-Kathrin Schumacher. They lead a team of dedicated professionals who are committed to driving sustainable growth and innovation for the company.

For any inquiries or information about the company and its products, customers can contact HENKEL UK OPERATIONS LIMITED through their website at https://www.henkel.co.uk/ or by visiting their registered office address at Apollo Court, 2 Bishops Square Business Park, Hatfield Road, St Albans, Hertfordshire, AL1 5UG.

Financial Metrics

Cash
£186,000
Net Worth
£17,566,000
Total Current Assets
£12,005,000
Total Current Liabilities
£2,323,000

Company Location