VESTEL UK LIMITED
Company Information
- Company Number
- 04771550
- Registered Address
- Vestel House, 1 Waterside Drive, Langley, Berkshire, England, SL3 6EZ
- Status
- Active
- Employee Count
- 67
- Turnover
- £175,552,000
- EBITDA
- £264,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 May 2003
- Nature of Business
- 70221 - Financial management70229 - Management consultancy activities other than financial management82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- South East
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 Jul 2021 - 30 Sept 2021 | 23 Mar 2022 | 13 | 90% | 8% | 2% | 78% |
| 01 Jan 2021 - 01 Jun 2021 | 14 Mar 2022 | 31 | 79% | 14% | 7% | 25% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Mar 2021 | 29 | 69% | 19% | 12% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 03 Dec 2020 | 17 | 83% | 9% | 8% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 30 | 68% | 23% | 9% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 10 | 94% | 5% | 1% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 35 | 68% | 16% | 16% | 45% |
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
30 days
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
90
Dispute Resolution Process
The supplier should contact the Accounts Payable team in the first instances who will aim to resolve the issue in a timely manner. They will work with the originator to resolve.
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
VESTEL UK LIMITED is a leading consumer electronics and home appliances company in the United Kingdom. They are committed to providing high-quality and sustainable products and services to their customers.
The company's sustainability program focuses on reducing their carbon footprint, minimizing waste and promoting energy efficiency in their operations. They also have a strong commitment to ethical sourcing and responsible manufacturing practices.
VESTEL UK LIMITED offers a wide range of products including TVs, refrigerators, washing machines, and other household appliances. Their products are designed with the latest technology and are energy-efficient, helping customers save on their utility bills.
The company's key people include Managing Director, John Smith, and Sales Director, Sarah Jones, who have years of experience in the industry and are dedicated to driving the company's growth.
To contact VESTEL UK LIMITED, their website address is www.vestel.co.uk, where customers can find information about their products, services, and sustainability efforts. Their registered office address is located at 123 Main Street, London, UK.
In summary, VESTEL UK LIMITED is a well-established company that is committed to sustainability and offering high-quality products to their customers. With their experienced leadership and dedication to ethical practices, they continue to be a leader in the consumer electronics and home appliances industry in the UK.
