FINNING (UK) LTD.
Company Information
- Company Number
- 00367090
- Registered Address
- Watling Street, Bridgtown, Cannock, Staffs, WS11 8LL
- Status
- Active
- Employee Count
- 1,489
- Turnover
- £755,579,000
- EBITDA
- £61,067,000
Additional Details
- Website
- https://www.finning.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 13 May 1941
- Nature of Business
- 46630 - Wholesale of mining, construction and civil engineering machinery77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 | 11 Aug 2025 | 44 | 39% | 28% | 33% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 41 | 41% | 34% | 26% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 41 | 42% | 33% | 25% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 43 | 39% | 32% | 29% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 02 Feb 2022 | 43 | 38% | 32% | 30% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 41 | 41% | 30% | 29% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 45 | 37% | 34% | 29% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Nov 2018 | 46 | 40% | 37% | 23% | 36% |
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
Payments made by the company will normally be made 60 days at the end of the month following the invoice date plus one English working day.
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
60
Dispute Resolution Process
Invoice disputes are handled on a case-by-case basis by the Accounts Payable Team, with support from the operational contact within the company. In the event that a satisfactory outcome cannot be reached at this stage, the issue will be escalated within the organization until the dispute is resolved. Finning UK Ltd also operate a strict "No PO No Pay" policy, all invoices are returned to the supplier by email with a covering letter advising.
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
FINNING (UK) LTD
is a leading provider of construction, agriculture, and power systems equipment in the United Kingdom
They are part of Finning International Inc., a global company that has been in operation for over 85 years.\n\nSustainability is a key focus for FINNING (UK) LTD
and they have implemented several initiatives to reduce their environmental impact
This includes reducing their carbon emissions, promoting energy-efficient products, and implementing recycling and waste reduction programs.\n\nTheir extensive product range includes Caterpillar machinery, engines, and generators, as well as a variety of used equipment
They also offer rental services and a wide range of parts and maintenance services to support their customers' needs.\n\nThe key people at FINNING (UK) LTD
include Managing Director Neil Dickinson and Director of Sustainability and Corporate Affairs, Louise Taylor
They are committed to driving sustainable practices throughout the company and ensuring the highest level of customer satisfaction.\n\nCustomers can contact FINNING (UK) LTD
through their website, which also provides detailed information on their products and services
The company's registered office address is Finning House, Willowbrook Road, Castle Donington, Derby, DE74 2UD, United Kingdom.\n\nIn summary, FINNING (UK) LTD
is a reputable company that offers a wide range of sustainable products and services to meet the needs of its customers
With a strong focus on environmental responsibility and a team of dedicated professionals, they continue to be a leader in the industry
