LE CREUSET HOLDING LIMITED
Company Information
- Company Number
- 09901258
- Registered Address
- Le Creuset House, 83/84 Livingstone Road, Walworth Industrial Estate, Andover, England, SP10 5QZ
- Status
- Active
- Employee Count
- 4263.0
- Turnover
- 548171000.0
- EBITDA
- 156346000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 December 2015
- Nature of Business
- 64204 - Activities of distribution holding companies
- Industries
- 0
- Region
- South East
Company Location
Loading map...
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 | 17 | 90% | 7% | 3% | 33% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 25 | 88% | 10% | 2% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 11 | 84% | 14% | 2% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 87% | 10% | 3% | 43% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 22 | 75% | 25% | 0% | 37% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 22 | 86% | 14% | 0% | 48% |
Company Summary
Le Creuset Holding Limited is a British company that specializes in the production and distribution of premium cookware and kitchen accessories
The company was founded in 1925 and is headquartered in Oxfordshire, UK
The company's sustainability program focuses on reducing their carbon footprint and promoting responsible sourcing and production
They have implemented various initiatives such as using recycled materials in their packaging, reducing energy consumption in their factories, and supporting fair trade practices
Le Creuset offers a wide range of products including cast iron cookware, stoneware, kitchen tools, and wine accessories
Their products are known for their high quality and durability, and are used by both home cooks and professional chefs
The key people of Le Creuset Holding Limited include Chairman John Hubbard and CEO Fisk Johnson
They lead a team of over 2,000 employees who are dedicated to providing customers with the best cooking experience
For customer inquiries and orders, Le Creuset can be contacted through their website at www.lecreuset.com
Their registered office address is Le Creuset of America, Inc., 114 Bob Gifford Blvd, Early Branch, SC 29916, USA
In summary, Le Creuset Holding Limited is a well-established company that offers premium cookware and kitchen accessories
They are committed to sustainability and have a range of high-quality and durable products
Their key people are Chairman John Hubbard and CEO Fisk Johnson, and they can be contacted through their website or registered office address
Company Review
Trend Analysis
The trend for LE CREUSET HOLDING LIMITED shows a consistently low average time to pay invoices, with a slight decrease in the most recent period.
Volatility Analysis
The volatility for LE CREUSET HOLDING LIMITED is relatively low, with only a small fluctuation in the average time to pay invoices across the periods.
Summary Analysis
From Jan 2021 to June 2023, LE CREUSET HOLDING LIMITED has maintained an average time to pay invoices of 22 days, with a high percentage of invoices paid within 30 days (86-90%). The company has also shown improvement in paying invoices within agreed terms, with a decrease in the percentage of invoices paid later than 60 days (0-3%). The shortest (or only) standard payment period for the company is consistently 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Unless otherwise agreed in advance with suppliers, standard payment terms are set at 30 days of receipt of a valid invoice. Supplier credit notes are utilised in line with their individual terms.
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
365
Dispute Resolution Process
Every case is considered on an individual basis Evidence is collected from both parties to support / query the charge Communication is upheld with Supplier with regards to query with emphasis on resolving Disputes for Le Creuset Holding suppliers can be raised by emailing Finance.holdings@lecreuset.com
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
