RENAULT U.K. LIMITED
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
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 | 3 | 89% | 6% | 5% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 3 | 45% | 49% | 6% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 3 | 54% | 41% | 5% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 23 May 2024 | 3 | 46% | 48% | 7% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 52 | 20% | 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.