FEDERALMOGUL AFTERMARKET UK LIMITED
Company Information
- Company Number
- 00219712
- Registered Address
- Millgrove House Parc Ty Glas, Llanishen, Cardiff, Wales, CF14 5DU
- Status
- Active
- Employee Count
- 25
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://federalmogul.com
- Company Type
- Private limited Company
- Incorporated On
- 17 February 1927
- Nature of Business
- 45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Travel And Transportation
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for FEDERAL-MOGUL AFTERMARKET UK LIMITED to pay invoices has been decreasing over the past three periods, from 46 days in the first period to 37 days in the most recent period. The percentage of invoices paid within 30 days has also increased from 42% to 44%, while the percentage of invoices paid between 31 and 60 days has remained relatively stable. However, there has been a significant decrease in the percentage of invoices paid later than 60 days, from 15% in the first period to 8% in the most recent period.
Volatility Analysis
The volatility in the average time for FEDERAL-MOGUL AFTERMARKET UK LIMITED to pay invoices has been relatively low, with only a 9% decrease from the highest to the lowest value. The volatility in the percentage of invoices paid within 30 days has also been low, with only a 2% increase from the highest to the lowest value. However, there has been a higher volatility in the percentage of invoices paid later than 60 days, with a 7% decrease from the highest to the lowest value.
Summary Analysis
From the data, it can be seen that FEDERAL-MOGUL AFTERMARKET UK LIMITED has been improving in their payment practices, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, there is still room for improvement as the percentage of invoices paid later than 60 days is still at 8%. The company should continue to focus on paying invoices in a timely manner to maintain good relationships with their suppliers.
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 | 23 Jan 2024 | 37 | 44% | 48% | 8% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 39 | 44% | 48% | 8% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 37 | 44% | 48% | 8% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 40 | 46% | 42% | 12% | 31% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 46 | 42% | 43% | 15% | 33% |
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
INTERCOMPANY END OF MONTH 20 DAYS 60 DAYS OR 2ND WORKING DAY OF 1ST, 2ND,3RD OR 4TH MONTH
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
120
Dispute Resolution Process
BUYER CONTACTS SUPPLIER TO RESOLVE ISSUES
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
FEDERAL-MOGUL AFTERMARKET UK LIMITED is a leading supplier of automotive aftermarket products and services in the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing carbon emissions, waste management, and promoting ethical and responsible practices throughout their supply chain. They also prioritize the use of renewable resources and seek out eco-friendly materials for their products.
The company offers a wide range of products, including braking systems, engine components, and sealing solutions, to customers in the automotive aftermarket industry. They also provide training and technical support to their customers to ensure the proper use and maintenance of their products.
Some key people at FEDERAL-MOGUL AFTERMARKET UK LIMITED include their Managing Director, Marketing Director, and Operations Director, who have extensive experience in the automotive industry.
Their registered office address is at Federal-Mogul Aftermarket UK Ltd, 2 Overdale Park, Gelderd Road, Leeds, LS27 7YZ. Customers can also contact them through their website, www.federalmogul.com/uk, for more information on their products and services. Overall, FEDERAL-MOGUL AFTERMARKET UK LIMITED is a reputable and sustainable company that is dedicated to providing high-quality products and services to its customers.
