| 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 2018 - 31 Dec 2018 | 25 Jan 2019 | 68 | 8% | 34% | 58% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 63 | 6% | 45% | 49% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms for goods and services is 60 days from invoice date, unless specifically negotiated otherwise with the supplier. Vehicle leasing, communications, employment agencies, freight and other leasing companies may be paid earlier dependent on their payment terms and payment methods.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
The complaint or dispute will be dealt with by the payable processing team at Truck-Lite Europe Ltd Harlow. They aim to respond to your query in 3 working days. Contact details for the payable processing team are via e-mail; invoices@truck-lite.eu.com or via telephone on 01279 406406. On receipt of a dispute the payable processing team will seek resolution from relevant departments and update the supplier accordingly. Invoices should be sent via e-mail to invoices@truck-lite.eu.com or via post Truck-Lite Europe Ltd, Barrows Road, Harlow, Essex CM19 5FA.
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
Truck-Lite Europe Limited, based in Harlow, is a UK manufacturer of vehicle lighting and vision systems for the commercial vehicle industry. Trading under the brands Truck-Lite, Rubbolite and Signal-Stat, it designs and produces LED and incandescent lamps, mirror systems, wire harnesses and vehicle acoustics for trucks, trailers, rigid-body vehicles, off-highway machinery and the aftermarket. It supplies both OEM customers and independent aftermarket distributors across Europe. The company is part of Clarience Technologies, a wider group with manufacturing locations worldwide, and has traded since 1924, describing itself as producing replacement parts to OEM quality standards for the commercial vehicle sector.
Generated from the company's website and Companies House records. Sources: truck-lite.eu.com · truck-lite.eu.com