RENAULT U.K. LIMITED

PaymentCheck Score 2025
93Excellent
14.8vs last year
#661 in UK
#27 in Travel And Transportation
#35 in East of England

Company Information

Company Number
00082932
Registered Address
The Rivers Office Park, Denham Way Maple Cross, Rickmansworth, Hertfordshire, WD3 9YS
Status
Active
Employee Count
165
Turnover
£1,508,711,000
EBITDA
£46,397,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 December 1904
Nature of Business
45111 - Sale of new cars and light motor vehicles
Industries
Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
3 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
46%
31-60 Days
48%
After 60 Days
7%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-05-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 2025389%6%5%11%
01 Jul 2024 - 31 Dec 202431 Jan 2025345%49%6%6%
01 Jan 2024 - 30 Jun 202419 Jul 2024354%41%5%5%
01 Jul 2023 - 31 Dec 202323 May 2024346%48%7%7%
01 Jan 2018 - 30 Jun 201831 Jul 20185220%61%19%19%

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

30 days end of month. From the invoice date to the end of the month + 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

no

Maximum contractual payment period agreed

60

Dispute Resolution Process

All suppliers must provide the valid PO no. before they provide the service / ship the goods. If a supplier provide the service / goods without PO no. it's breach in company policy. A dispute can start if the service / goods provided doesn't conform with service level agreement. In above situation, we ask supplier to raise the credit note to compensate the damage. All invoices without PO sent to Renault UK is firstly considered as fraud attempt.

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

Renault U.K. Limited is a British subsidiary of the French multinational automobile manufacturer, Renault. The company was founded in 1899 and has since become a leading player in the automotive industry. The company's focus on sustainability has made it a pioneer in producing environmentally friendly vehicles.

Renault U.K. Limited offers a wide range of products and services, including passenger cars, commercial vehicles, and electric vehicles. The company's sustainability program, known as "Drive the Change," aims to reduce the environmental impact of its vehicles by implementing eco-friendly technologies and promoting sustainable practices in its operations. This program has resulted in the production of electric and hybrid vehicles, as well as the use of recycled materials in the manufacturing process.

The company's key people include Eric-Mark Huitema, the Managing Director of Renault U.K. Limited, and Jean-Philippe Roubes, the Sales and Marketing Director. They are responsible for overseeing the company's operations and driving its sustainability efforts.

For any inquiries or information, customers can contact Renault U.K. Limited through their website, www.renault.co.uk, or by visiting their registered office at The Rivers Office Park, Denham Way, Maple Cross, Rickmansworth, Hertfordshire, WD3 9YS.

In summary, Renault U.K. Limited is a leading automotive company that is committed to sustainability through its "Drive the Change" program. With a wide range of products and services, the company strives to reduce its environmental impact and promote eco-friendly practices. Its key people play a crucial role in driving the company's success, and customers can contact them through their website or registered office.

Financial Metrics

Cash
£0
Net Worth
£66,430,000
Total Current Assets
£539,735,000
Total Current Liabilities
£227,174,000

Company Location