Philip Payne Warranty

As Philip Payne is a listed company, stringent conditions require it to be fully audited by a third party. In recent years this has been PricewaterhouseCoopers LLP (PwC), one of the top four audit and advisory firms globally. Auditors of listed companies follow rigorous international guidelines, ensuring that the financial details such companies publish (such as those above) are accurate and can be relied upon.

Philip Payne must prove that it will be able to pay any claims made according to its warranty conditions during the warranty period. Provision is made in each year’s accounts, effectively putting aside profit from current orders for use in the future if required.

This is a key aspect of being a listed company that other smaller businesses are not required, and maybe not capable, of doing. Philip Payne customers should be reassured that a Philip Payne warranty means something: at Philip Payne, we are capable of meeting our obligations.

Some other companies offer long warranties but do not have the financial assets to withstand a sizeable warranty claim. Philip Payne encourages customers to consider this scenario when purchasing other companies’ products with extended warranty offers.

Mike Allcock

Chairman and Joint Chief Executive
FW Thorpe Plc.

David Taylor

Managing Director
Philip Payne

Group Executive Director
F.W.Thorpe Plc

Our Product Warranty