HUAWEI TECHNOLOGIES RESEARCH DEVELOPMENT UK LIMITED
Company Information
- Company Number
- 07371283
- Registered Address
- 302 Cambridge Science Park, Milton Road, Cambridge, England, CB4 0WG
- Status
- Active
- Employee Count
- 381.0
- Turnover
- 100684000.0
- EBITDA
- 22502000.0
Additional Details
- Website
- https://www.neul.com/
- Company Type
- Private limited Company
- Incorporated On
- 9 September 2010
- Nature of Business
- 61200 - Wireless telecommunications activities
- Industries
- Information Technology,Telecommunications And Data
- Region
- East of England
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 32 | 80% | 14% | 6% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 33 | 67% | 26% | 7% | 7% |
| 01 Jul 2022 - 01 Dec 2022 | 16 Jan 2023 | 32 | 74% | 21% | 5% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 32 | 71% | 22% | 7% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 30 | 78% | 19% | 3% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 30 | 59% | 34% | 7% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 42 | 55% | 38% | 7% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 40 | 56% | 35% | 9% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 40 | 54% | 39% | 7% | 6% |
Company Summary
HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT (UK) LIMITED is a subsidiary of the global technology company Huawei, with a focus on research and development in the United Kingdom
The company is committed to sustainability and has implemented various programs to reduce its environmental impact
The company's sustainability program includes initiatives such as using renewable energy sources, reducing carbon emissions, and promoting eco-friendly products
They also prioritize ethical and responsible business practices, including the protection of intellectual property rights and respecting the privacy of their customers
HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT (UK) LIMITED offers a wide range of products and services, including telecommunications equipment, smartphones, and cloud computing solutions
They also collaborate with universities and research institutions in the UK to promote innovation and develop cutting-edge technologies
The key people at HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT (UK) LIMITED include the Managing Director, Mr
Tianfu Cui, and the Head of Research & Development, Dr
Haifeng Wang
The company's registered office address is at 300 South Oak Way, Reading, Berkshire, RG2 6UF, United Kingdom
For more information on their products and services, as well as their sustainability efforts, interested individuals can visit their website at https://www.huawei.com/uk/
They can also contact the company via phone at +44 (0) 118 921 2000 or email at uk_info@huawei.com
Company Review
Trend Analysis
The average time taken for HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT (UK) LIMITED to pay invoices has been fluctuating between 30 to 42 days over the past three years. However, there has been a decrease in the average time taken to pay invoices from 40 days in 2019 to 32 days in 2023.
Volatility Analysis
The volatility in the payment patterns of HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT (UK) LIMITED can be seen in the percentage of invoices paid within 30 days, which has fluctuated between 54% to 80% over the past three years.
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 of receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
To raise a complaint or concern related to payment of invoices, suppliers should initially contact Huawei Technologies Research & Development (UK) Limited procurement department and finance department. Any misunderstanding or lack of supporting document issues will be clarified and resolved with supplier.
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
