VELUX COMPANY LTD.
Company Information
- Company Number
- SC070286
- Registered Address
- Woodside Way, Glenrothes East, Fife, KY7 4ND
- Status
- Active
- Employee Count
- 282
- Turnover
- £194,693,000
- EBITDA
- £7,829,000
Additional Details
- Website
- https://blog.velux.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 24 December 1979
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Property,Infrastructure And Construction
- Region
- Scotland
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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 10 | 98% | 2% | 0% | 60% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 10 | 97% | 2% | 1% | 63% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 10 | 97% | 2% | 1% | 67% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 10 | 98% | 2% | 1% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 13 | 94% | 6% | 0% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 15 | 96% | 3% | 1% | 49% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 17 | 96% | 3% | 1% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 14 | 98% | 2% | 0% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Jul 2019 | 28 | 93% | 4% | 3% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Jul 2019 | 30 | 93% | 3% | 4% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 93% | 4% | 2% | 32% |
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
20 days following invoice date
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
If invoice received is inaccurate or incorrect, the purchaser will place on hold, held invoices will not be paid until issue is resolved with vendor by way of credit note and new invoice. Once the correct invoice is received it will be paid on next available payment date (daily payment runs).
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
VELUX COMPANY LTD. is a global company that specializes in the production and sale of roof windows and skylights. They are committed to sustainability and have a strong focus on environmental responsibility in all aspects of their operations.
Their sustainability program, called "VELUX 2030", sets ambitious goals for reducing their environmental impact. This includes reducing their carbon footprint, increasing the use of renewable energy, and implementing sustainable production methods. They also have a program called "VELUX Green Marketing", which ensures that their products are marketed in an environmentally responsible way.
In addition to their sustainability efforts, VELUX offers a wide range of high-quality products and services. Their roof windows and skylights are designed to provide natural light, fresh air, and energy efficiency to buildings. They also offer a variety of blinds, shutters, and accessories to enhance the functionality and aesthetic of their products.
The key people at VELUX COMPANY LTD. include their CEO, David Briggs, who has been with the company for over 25 years and has a strong background in engineering and business. They also have a team of dedicated employees who work towards their sustainability goals and provide excellent customer service.
To contact VELUX COMPANY LTD., their website is www.velux.co.uk and their registered office address is Woodside Way, Glenrothes, Fife, KY7 4ND, United Kingdom. Their website also provides information on their products, sustainability efforts, and contact details for customer support. Overall, VELUX COMPANY LTD. is a leader in the industry, known for their commitment to sustainability and high-quality products and services.
