FEDERALMOGUL LIMITED
Company Information
- Company Number
- 00163992
- Registered Address
- Suite 11a Manchester International Office Centre, Styal Road, Manchester, England, M22 5TN
- Status
- Active
- Employee Count
- 351.0
- Turnover
- 58422000.0
- EBITDA
- -7781000.0
Additional Details
- Website
- https://federalmogul.com
- Company Type
- Private limited Company
- Incorporated On
- 12 February 1920
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Travel And Transportation
- Region
- North West
Company Location
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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 | 30 Jan 2024 | 48 | 44% | 21% | 35% | 59% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 39 | 46% | 20% | 34% | 55% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 41 | 50% | 17% | 33% | 50% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 44 | 44% | 17% | 39% | 70% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 56 | 40% | 17% | 43% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 57 | 27% | 21% | 52% | 89% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 60 | 31% | 18% | 51% | 64% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 63 | 22% | 20% | 58% | 72% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 61 | 19% | 20% | 61% | 59% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 61 | 18% | 20% | 62% | 62% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 58 | 17% | 28% | 55% | 57% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 55 | 19% | 42% | 39% | 33% |
Company Summary
Federal-Mogul Limited is a leading global supplier of products and services for the automotive, aerospace, and industrial markets
The company has a strong commitment to sustainability and is dedicated to reducing its environmental impact through various initiatives
As part of their sustainability program, Federal-Mogul Limited focuses on reducing emissions, conserving resources, and promoting eco-friendly practices
They have also implemented a comprehensive recycling program and are continuously improving their manufacturing processes to reduce waste
The company offers a wide range of products and services including engine components, bearings, braking systems, and sealing solutions
These products are designed to improve performance, reduce emissions, and increase fuel efficiency
Key people at Federal-Mogul Limited include the CEO, Rainer Jueckstock, and the President of the Powertrain division, Gian Maria Olivetti
Both are experienced leaders in the automotive industry and are committed to driving the company's growth and sustainability efforts
For more information on their products and services, customers can visit their website at www.federalmogul.com
The company's registered office address is in Southfield, Michigan, USA, but they have operations in various countries around the world
In summary, Federal-Mogul Limited is a global leader in the automotive industry, with a strong focus on sustainability and offering high-quality products and services
With experienced leadership and a commitment to reducing their environmental impact, the company is well-positioned for continued success in the future
Company Review
Trend Analysis
The trend for Federal-Mogul Limited's average time to pay invoices has been increasing over the past three periods. The company's average time to pay increased from 55 days in the first period (Jan 2018-Jun 2018) to 63 days in the most recent period (Jan 2021-Jun 2021).
Volatility Analysis
The volatility for Federal-Mogul Limited's average time to pay invoices has been relatively low over the past three periods. The company's average time to pay has fluctuated by an average of 3.3 days, with the largest increase being 5 days in the third period (Jan 2019-Jun 2019) and the largest decrease being 4 days in the fourth period (Jul 2019-Dec 2019).
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The standard payment terms are either 60 days from the date of the invoice or 2nd working day of the month following 80 days after the invoice date, depending on the particular site.
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
94
Dispute Resolution Process
The primary contact for a supplier whose invoice is subject to dispute is a member of the Account Payable Team. Any issue that they are unable to resolve is then referred to the site controller for final resolution.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
