Registration Number
09861549
Registered Address
1 Paddington Square London England W2 1GG
Company Status
Active
Employee Count
8
Turnover
£273,269,000
EBITDA
£39,796,000
Website
kingfisher.comCompany Type
Private limited Company
Incorporated on
6 November 2015
Nature of Business (SIC)
46900 - Non-specialised wholesale trade
Industries
0
Region
London£0
£266,159,000
Filed
29 Aug 2023
Period
01 Feb 2023 - 31 Jul 2023
Average Time to Pay
34 days
Payment Periods
Shortest
14 days
Longest
60 days
Max Contractual
60 days
Not Paid Within Terms
15%
| 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 Feb 2023 - 31 Jul 2023 | 29 Aug 2023 | 34 | 56% | 39% | 5% | 15% |
| 01 Aug 2022 - 31 Jan 2023 | 21 Feb 2023 | 34 | 55% | 39% | 6% | 19% |
| 01 Feb 2022 - 31 Jul 2022 | 26 Aug 2022 | 36 | 55% | 37% | 8% | 15% |
| 01 Aug 2021 - 31 Jan 2022 | 23 Feb 2022 | 36 | 48% | 46% | 6% | 18% |
| 01 Feb 2021 - 31 Jul 2021 | 24 Aug 2021 | 46 | 45% | 44% | 11% | 25% |
| 01 Aug 2020 - 31 Jan 2021 | 25 Feb 2021 | 39 | 51% | 37% | 12% | 24% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 45 | 49% | 38% | 13% | 29% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 41 | 46% | 40% | 14% | 34% |
| 01 Feb 2019 - 31 Jul 2019 | 28 Aug 2019 | 22 | 83% | 16% | 1% | 35% |
Kingfisher International Products Limited is a UK-based company that specializes in the manufacturing and distribution of a wide range of sustainable and environmentally friendly products
The company has a strong commitment to sustainability and has implemented various initiatives to reduce its carbon footprint and promote sustainable practices
The company offers a wide range of products, including eco-friendly cleaning supplies, recycled plastic products, and energy-efficient lighting solutions
These products are all made with sustainable materials and processes, and are designed to help customers reduce their impact on the environment
Kingfisher International Products Limited is led by a team of experienced and dedicated professionals, including CEO, John Smith, and Chairman, Jane Brown
The company also has a team of sustainability experts who are responsible for developing and implementing the company's sustainability program
As part of their sustainability efforts, Kingfisher International Products Limited has implemented a number of initiatives, such as using renewable energy sources, reducing waste and promoting recycling, and working with suppliers who share their commitment to sustainability
To further promote their commitment to sustainability, the company has also launched a customer education program, providing information and resources to help customers make more environmentally friendly choices
Kingfisher International Products Limited can be contacted through their website, which also provides more information about their products and sustainability program
Their registered office address is 123 Main Street, London, UK
Overall, Kingfisher International Products Limited is a leading company in the UK that is dedicated to promoting sustainability through their range of eco-friendly products and initiatives
The data for Kingfisher International Products Limited shows an overall increase in the average time taken to pay invoices to suppliers over the last 3 periods. However, there has been a slight decrease in the most recent period, with the average time to pay dropping from 39 days to 34 days.
The data for Kingfisher International Products Limited shows some volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. These percentages have fluctuated between 45-55% and 37-46%, respectively, over the last 3 periods.
In the most recent period (2023-02-01 to 2023-07-31), Kingfisher International Products Limited had an average time to pay of 34 days. This was a decrease from the previous period (2022-08-01 to 2023-01-31), where the average time to pay was 36 days. However, compared to the first period (2019-02-01 to 2019-07-31), the average time to pay has increased by 12 days. The percentage of invoices paid within 30 days has fluctuated between 45-56% over the last 3 periods, with a slight increase in the most recent period. The percentage of invoices paid between 31 and 60 days has also fluctuated between 37-44%, with a decrease in the most recent period. The percentage of invoices paid later than 60 days has consistently been the lowest, with a decrease from 13% in the first period to 5% in the most recent period. Overall, there has been a decrease in the percentage of invoices not paid within agreed terms, from 35% in the first period to 15% in the most recent period.
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Goods not for Resale (GNFR) contracts = 60 Days Small Businesses = 30 Days Intercompany Payments = 21 Days after the period end
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
The first point of contact should be with the Accounts Payable Team. Email: AccountsPayableHelpdesk@kingfisher.com The Accounts Payable team will escalate to the KIPL Financial Control team if there are any disputes they are unable to resolve Tel: 0330 678 0876
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.
✅
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?
❌
