EATON ELECTRIC LIMITED
Company Information
- Company Number
- 04617032
- Registered Address
- 252 Bath Road, Slough, Berkshire, England, SL1 4DX
- Status
- Active
- Employee Count
- 462
- Turnover
- £144,177,000
- EBITDA
- -£490,000
Additional Details
- Website
- https://eaton.com
- Company Type
- Private limited Company
- Incorporated On
- 13 December 2002
- Nature of Business
- 27900 - Manufacture of other electrical equipment
- Industries
- Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 | 31 Jul 2025 | 84 | 10% | 32% | 58% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 78 | 13% | 35% | 52% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 87 | 13% | 24% | 63% | 25% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 73 | 14% | 32% | 54% | 88% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 78 | 18% | 33% | 49% | 80% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 63 | 19% | 36% | 45% | 83% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 60 | 27% | 41% | 32% | 54% |
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
Eaton shall pay invoices within one hundred and twenty (120) days, or other period agreed in writing, from the first batch processing date, after Eaton's receipt of a correct invoice, and the Parties expressly agree to such payment terms. When the Parties are not permitted to agree to payment terms in excess of local legislation, a shorter payment period may be applicable.
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
120
Dispute Resolution Process
Supplier queries should be addressed to APCustomerService@eaton.com. Queries are allocated a case number and are targeted to be answered within 3 working days. The AP team may seek support for resolution of disputes from the relevant buyer or site contact as appropriate.
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.
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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?
❌
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
Eaton Electric Limited is a global power management company that offers energy-efficient solutions for customers in more than 175 countries
They are committed to sustainability and have a strong focus on reducing their environmental impact through their products and operations.\n\nTheir sustainability program includes initiatives such as reducing greenhouse gas emissions, increasing renewable energy use, and promoting sustainable practices throughout their supply chain
They also have a commitment to diversity and inclusion, with a goal of achieving gender parity in leadership roles by 2030.\n\nEaton Electric Limited offers a wide range of products and services including electrical distribution, power quality, and control and automation solutions
Their products are designed to increase energy efficiency, reduce carbon emissions, and improve overall sustainability.\n\nThe company is led by Chairman and CEO Craig Arnold, who has been with the company for over 30 years
Their registered office address is located in Dublin, Ireland, and their website is www.eaton.com.\n\nIn addition to their sustainability efforts, Eaton Electric Limited is also committed to giving back to their communities through their corporate philanthropy program
They support various causes, including education, health, and human services, and encourage their employees to volunteer and make a positive impact.\n\nOverall, Eaton Electric Limited is a leader in sustainable power management solutions and is dedicated to making a positive impact on the environment and society
