HANWHA VISION EUROPE LIMITED

PaymentCheck Score 2025
70Fair
16.1vs last year
#2429 in UK
#39 in Data
#399 in South East

Company Information

Company Number
04343432
Registered Address
Heriot House, Heriot Road, Chertsey, Surrey, KT16 9DT
Status
Active
Employee Count
152
Turnover
£103,405,000
EBITDA
£2,582,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 December 2001
Nature of Business
46520 - Wholesale of electronic and telecommunications equipment and parts
Industries
Data, Safety And Security, Software
Region
South East

Time to Pay

Average Time to Pay
21 days
Shortest Period:0 days
Longest Period:150 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
86%
31-60 Days
7%
After 60 Days
7%
Not Paid Within Terms24%

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: 2024-07-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253269%25%6%49%
01 Jan 2024 - 30 Jun 202418 Jul 20242186%7%7%24%
01 Jul 2023 - 31 Dec 202311 Jan 20241886%6%8%23%
01 Jan 2023 - 30 Jun 202312 Jul 20232385%6%9%36%
01 Jul 2022 - 31 Dec 202217 Jan 20233175%17%8%28%
01 Jul 2021 - 31 Dec 202113 Jan 20222678%9%13%18%
01 Jan 2021 - 30 Jun 202114 Jul 20212784%12%4%33%
01 Jul 2020 - 31 Dec 202021 Jan 20212774%19%7%34%
01 Jan 2019 - 30 Jun 201908 Jul 20191782%14%4%32%
01 Jul 2018 - 31 Dec 201824 Jan 20192472%21%7%42%
01 Jan 2018 - 30 Jun 201823 Jul 20181885%9%6%26%

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

Our standard payment term is 30 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

Our standard payment terms are 30 days but some suppliers insist on immediate payment i.e. 0 days.

Maximum contractual payment period agreed

150

Dispute Resolution Process

A dispute will be passed to the relevant department who should respond within 7 days. If the dispute cannot be resolved by the purchasing department within 28 days it will be escalated to the CFO.

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

Hanwha Vision Europe Limited is a leading technology company headquartered in London, UK. The company specializes in providing innovative solutions for the industrial and commercial sectors. They have a strong focus on sustainability and offer a wide range of products and services to help businesses reduce their environmental impact.

The company's sustainability program is integrated into all aspects of their operations, from product design and development to supply chain management and customer service. They are committed to reducing their carbon footprint and promoting sustainable practices throughout their business. This includes using renewable energy sources, eco-friendly materials, and implementing energy-efficient processes.

Hanwha Vision Europe Limited offers a diverse portfolio of products and services, including industrial automation, solar energy, and electronic components. Their industrial automation solutions range from robotics and motion control systems to sensors and vision systems. They also provide solar energy solutions, such as solar panels and energy storage systems, to help businesses and individuals reduce their reliance on traditional energy sources.

The company is led by a team of experienced professionals, including the CEO, Mr. Lee Sang Yeol. They are dedicated to driving innovation and sustainability in the company and ensuring the highest quality standards in their products and services.

To contact Hanwha Vision Europe Limited, individuals can visit their website at www.hanwhavision.com or reach out to their registered office at 90 Long Acre, London WC2E 9RZ, UK. The company's commitment to sustainability and their wide range of innovative products and services make them a leader in the technology industry.

Financial Metrics

Cash
£4,197,000
Net Worth
£20,341,000
Total Current Assets
£50,468,000
Total Current Liabilities
£30,509,000

Company Location