SCHUECO UK LIMITED

PaymentCheck Score 2022
39Poor
3.4vs last year
#4665 in UK
#64 in Property-related Goods And Services
#783 in South East

Company Information

Company Number
07048715
Registered Address
Whitehall Avenue, Kingston, Milton Keynes, Buckinghamshire, MK10 0AL
Status
Active
Employee Count
144
Turnover
£50,194,000
EBITDA
£3,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 October 2009
Nature of Business
46690 - Wholesale of other machinery and equipment
Industries
Property-related Goods And Services
Region
South East

Time to Pay

Average Time to Pay
62 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
22%
31-60 Days
24%
After 60 Days
55%
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: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20226521%18%60%17%
01 Jan 2021 - 30 Jun 202128 Jul 20216221%23%56%8%
01 Jul 2020 - 31 Dec 202029 Jan 20216122%26%53%6%
01 Jan 2020 - 30 Jun 202027 Jul 20206621%18%60%18%
01 Jan 2019 - 30 Jun 201929 Jul 20195628%19%53%13%
01 Jan 2018 - 30 Jun 201802 Aug 20185338%13%50%28%

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

We have 90 day terms with our largest supplier (our parent company). Most other suppliers used have 30 day terms.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Payment terms vary with small suppliers. The bulk of our purchases are from our parent company with whom we have 90 day terms.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Disputes arising from product quality are managed by our operations department who are responsible for all supplier relations. Procurement focus on a collaborative agreement approach to solve any issues.

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

SCHUECO UK LIMITED is a leading company in the UK that specializes in providing high-quality, sustainable building solutions. They offer a wide range of products and services to the construction industry, including windows, doors, facades, and solar systems.

In terms of sustainability, SCHUECO UK LIMITED is committed to reducing their environmental impact and promoting sustainable practices. They have a dedicated sustainability team that works towards achieving their goals, which includes reducing their carbon footprint and promoting sustainable sourcing and manufacturing processes.

One of their key products is the Schueco AWS 70.HI Green window, which is made from 90% recycled aluminum and offers excellent thermal insulation. This product has received multiple awards for its sustainable design and energy efficiency.

The company also offers a range of services, such as design and installation support, to help their clients achieve their sustainability goals. They work closely with architects, contractors, and developers to create innovative and sustainable building solutions.

The key people at SCHUECO UK LIMITED include Managing Director, Tony Higgin, and Director of Sales, Paul Gunton. They have a team of experienced professionals who are dedicated to providing excellent products and services to their clients.

To contact SCHUECO UK LIMITED, you can visit their website at www.schueco.com/uk or call their registered office at 01908 282111. Their registered office address is Schueco House, Buckingham Industrial Park, Buckingham MK18 1TU, United Kingdom.

In conclusion, SCHUECO UK LIMITED is a reputable company that offers sustainable building solutions in the UK. With their commitment to sustainability, high-quality products, and experienced team, they continue to be a leader in the construction industry.

Financial Metrics

Cash
£5,047,000
Net Worth
£17,275,000
Total Current Assets
£29,948,000
Total Current Liabilities
£20,748,000

Company Location