HELLERMANNTYTON LIMITED
Company Information
- Company Number
- 05652018
- Registered Address
- Griffin House, 135 High Street, Crawley, West Sussex, RH10 1DQ
- Status
- Active
- Employee Count
- 623
- Turnover
- £95,745,000
- EBITDA
- £18,098,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 December 2005
- Nature of Business
- 22290 - Manufacture of other plastic products25940 - Manufacture of fasteners and screw machine products
- Industries
- Supply Chain,Manufacturing And Commerce Models
- 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 2020 - 30 Jun 2020 | 28 Jul 2020 | 56 | 50% | 34% | 16% | 53% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 56 | 27% | 51% | 22% | 54% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 60 | 23% | 52% | 25% | 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
Standard payment terms are 31 days following month of invoice. There were no changes within the period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
HellermannTyton follow a strict no PO no pay policy and invoices must be sent to the correct address as communicated to suppliers and as stated at the bottom of the PO. The PO number is communicated by HellermannTyton’s procurement team or by the relevant HellermannTyton requistioner at the time of placing the order.
Maximum contractual payment period agreed
90
Dispute Resolution Process
If a supplier has any disputes or concerns regarding any aspect of our payment process, their first contact would be the procurement team in the business. In the absence of that, suppliers may contact our Accounts Payable department directly. The aim of any conversation is always to resolve any issue in a timely and collaborative manner, in order to maintain a good working relationship. If those involved are unable to find a solution, then the issue would be escalated appropriately within the business. Where the issue is with the invoice the supplier is required to provide any missing information or a corrected invoice.
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
Hellermanntyton Limited is a leading manufacturer and supplier of cable management and identification solutions. The company was founded in 1965 and is headquartered in Manchester, United Kingdom.
The company's sustainability program focuses on reducing their environmental impact through various initiatives such as energy-efficient manufacturing processes, waste reduction, and responsible sourcing of materials. They also have a strong commitment to social responsibility and community engagement.
Hellermanntyton Limited offers a wide range of products and services, including cable ties, wire and cable management products, identification solutions, and heat shrink tubing. Their products are used in various industries such as automotive, aerospace, and telecommunications.
The key people at Hellermanntyton Limited include the CEO, Ian Callaway, and the Managing Director, Richard King. They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.
The company can be contacted through their website, which provides information about their products, services, and sustainability efforts. Their registered office address is located in Manchester, and they have a global presence with offices and manufacturing facilities in over 25 countries.
In conclusion, Hellermanntyton Limited is a reputable company that is committed to sustainability, offering a wide range of products and services, and led by a team of experienced professionals. Their dedication to social responsibility and community engagement sets them apart in the industry.
