Score of 86.7/100 qualifies for PaymentCheck Certification
| 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 | 30 Jul 2025 | 26 | 89% | 8% | 3% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 26 | 92% | 4% | 4% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 25 | 93% | 5% | 2% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 28 | 87% | 8% | 5% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 31 | 83% | 11% | 7% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 25 | 90% | 7% | 3% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Feb 2021 | 33 | 83% | 13% | 4% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Canon Europe Limited standard third party supplier payment terms are 30 days net, but this can be altered by agreement. Some Canon partners /suppliers enjoy terms better than 30 days. Intercompany payments are made under alternative agreed terms.
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
Complaints or concerns should be raised in the first instance with the Accounts Payable team, for which all suppliers are advised the contact details. The Accounts Payable team will resolve or escalate across the business, as applicable. Email : AP.CEL@canon-europe.com
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CANON EUROPE LIMITED is a leading provider of imaging and information technology solutions in the European market. The company is a subsidiary of Canon Inc., a Japanese multinational corporation.
The company offers a wide range of products and services, including cameras, printers, scanners, projectors, and various office equipment. Their products are known for their high quality and innovative technology, making them popular among both individuals and businesses.
CANON EUROPE LIMITED is committed to sustainability and has a strong corporate responsibility program in place. They have set ambitious targets to reduce their environmental impact, such as reducing CO2 emissions and waste generation. The company also promotes eco-friendly practices throughout their supply chain and encourages their customers to recycle their products.
The key people at CANON EUROPE LIMITED include Yuichi Ishizuka, the President and CEO, and Kazuto Ogawa, the Chief Operating Officer. They lead a team of dedicated professionals who strive to deliver the best products and services to their customers.
The company's registered office address is 3 The Square, Stockley Park, Uxbridge, Middlesex, UB11 1ET, United Kingdom. They can be contacted via phone at +44 (0) 208 588 8000 or through their website at www.canon-europe.com.
In conclusion, CANON EUROPE LIMITED is a reputable company that offers high-quality imaging and technology solutions while prioritizing sustainability. With their strong commitment to innovation and corporate responsibility, they continue to be a leading player in the European market.