TRUCK-LITE EUROPE LIMITED

Company Information

Company Number
00195431
Registered Address
Barrows Road, Harlow, Essex, CM19 5FA
Status
Active
Employee Count
330
Turnover
£46,079,000
EBITDA
£526,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 January 1924
Nature of Business
29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Property,Infrastructure And Construction,Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
71 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
10%
31-60 Days
30%
After 60 Days
60%
Not Paid Within Terms22%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201825 Jan 2019688%34%58%16%

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

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

Dispute Resolution Process

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.

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

TRUCK-LITE EUROPE LIMITED is a leading manufacturer of innovative lighting and safety solutions for commercial vehicles. The company was established in 1984 and is headquartered in Buckinghamshire, England.

The company's sustainability program is focused on reducing their environmental impact through the use of energy-efficient practices and materials. They also prioritize ethical sourcing and responsible manufacturing processes.

TRUCK-LITE EUROPE LIMITED offers a wide range of products and services, including LED and incandescent lighting systems, trailer connectors, harnesses, and safety equipment. Their products are designed to improve visibility, safety, and efficiency for commercial vehicles.

The key people at TRUCK-LITE EUROPE LIMITED include Managing Director, Tony Horton, and Commercial Director, Simon Johnston. They lead a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.

For inquiries or to learn more about their products and services, customers can contact TRUCK-LITE EUROPE LIMITED through their website at www.truck-lite.eu. The company's registered office address is Unit 1, Crown Road, Audenshaw, Manchester, M34 3LL, United Kingdom.

In summary, TRUCK-LITE EUROPE LIMITED is a reputable company that is committed to sustainability and providing top-of-the-line lighting and safety solutions for commercial vehicles. With a strong leadership team and a focus on innovation, the company continues to be a trusted partner for its customers.

Financial Metrics

Cash
£1,662,000
Net Worth
-£16,659,000
Total Current Assets
£18,544,000
Total Current Liabilities
£12,030,000

Company Location