PARKER HANNIFIN LIMITED
Company Information
- Company Number
- 07595632
- Registered Address
- 2nd Floor Suite 2a, Breakspear Park, Breakspear Way, Hemel Hempstead, United Kingdom, HP2 4TZ
- Status
- Active
- Employee Count
- 340
- Turnover
- £375,216,000
- EBITDA
- £16,811,000
Additional Details
- Website
- https://www.parker.com/
- Company Type
- Private limited Company
- Incorporated On
- 7 April 2011
- Nature of Business
- 28120 - Manufacture of fluid power equipment
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
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 - 31 Dec 2021 | 01 Feb 2022 | 68 | 91% | 5% | 4% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Sept 2021 | 66 | 93% | 3% | 4% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Sept 2021 | 69 | 89% | 3% | 8% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 67 | 91% | 4% | 4% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 68 | 89% | 5% | 6% | 0% |
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 60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
A complaint or concern is considered by the Accounts Payable department who will refer to the relevant internal department
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
Parker Hannifin Limited is a leading global manufacturer of motion and control technologies and systems. The company is committed to sustainability and has various initiatives in place to reduce its environmental impact and promote responsible business practices.
Their sustainability program focuses on four key areas: energy and emissions, water and waste, supply chain, and community engagement. They have set targets to reduce their carbon emissions, water usage, and waste generation by a certain percentage by 2025. They also work closely with their suppliers to ensure responsible sourcing and have various community engagement programs in place to support local communities.
Parker Hannifin Limited offers a wide range of products and services including industrial and aerospace components, filtration systems, hydraulic and pneumatic systems, and electromechanical solutions. They serve various industries such as aerospace, automotive, energy, and healthcare.
The company has a team of experienced and dedicated individuals leading the way towards their sustainability goals. Some key people include the President and CEO, Tom Williams, and the Vice President of Global Sustainability, Jennifer Hoyle.
Their website address is www.parker.com and their registered office address is Parker Hannifin Limited, 2360, Millennium Court, Coventry Business Park, Coventry, CV4 8HZ, UK. Overall, Parker Hannifin Limited is committed to sustainability and is continuously working towards making a positive impact on the environment and society through their products, services, and business practices.
