Score of 95.8/100 qualifies for PaymentCheck Certification
| 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 | 31 Jul 2025 | 15 | 92% | 8% | 0% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 17 | 87% | 13% | 0% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 17 | 86% | 14% | 0% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 09 Feb 2024 | 20 | 78% | 22% | 1% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 22 | 71% | 25% | 4% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Jan 2022 | 24 | 66% | 31% | 3% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 24 | 68% | 29% | 3% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 26 | 62% | 34% | 4% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 26 | 62% | 35% | 3% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 15 Jan 2020 | 27 | 59% | 37% | 4% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Jul 2019 | 27 | 62% | 35% | 3% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jun 2019 | 29 | 59% | 38% | 3% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 16 | 83% | 16% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard terms for payment of supplier invoices are 30 days after receipt of the invoice and none of our suppliers are on terms in excess of this. We have however agreed shorter payment terms for a limited number of our suppliers.
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
Purpose Delivery of goods or services to Manheim Limited may sometimes lead to disputes between the business and the supplier. These disputes can vary in nature but are most commonly based around quality of delivery of the goods or services requested or payment disputes. This policy documents the procedure and escalation process in which should be followed in order to resolve any disputes within the supply chain. Please note this policy describes the processes to be followed in the examples of sub-standard delivery of goods and services and payment disputes however where disputes have arisen outside of these examples, the GSCD will decide which escalation route to follow. Applicability and Authority • This Policy applies to all contracted suppliers of goods or services to Manheim Ltd. • This Policy applies to all Manheim ltd departments and supersedes any practices in existence prior to its effective date • The GSCD of the given supplier category is the authority on managing the relationship with all suppliers within the category. • The Group General is the final authority on contractual terms of agreement. • The Chief Financial Officer is final authority on all financial aspects of any dispute. Definitions Dispute Resolution: A process for resolving differences between two or more parties or groups. In business practice the resolution seeks to achieve fairness for all participants. Procedure Should a dispute arise, the initial relevant parties should try to resolve at the transactional level by contacting the supplier direct and discussing the issues which have arisen. If no satisfactory outcome is achieved, it is the responsibility of the initial relevant parties to document all the facts relating to the issue and inform the relevant GSCD whom is responsible for the given category of supplier. At this point the GSCD will take control of negotiations directly with the supplier management / senior management in order to reach resolution whether through contractual review or an amicable outcome. If, again no resolution is made, the GSCD will then escalate through the Manheim Ltd hierarchy to take control of the negotiations. This process will then continue as per the below escalation examples. Once a resolution has been agreed, communication will be made to the initial party of the outcome.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MANHEIM LIMITED is a leading automotive services company that offers a wide range of products and services to its customers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Under its sustainability program, MANHEIM LIMITED focuses on reducing carbon emissions, increasing energy efficiency, and promoting sustainable practices across its operations. The company also offers eco-friendly solutions such as electric vehicles and hybrid cars to its customers.
MANHEIM LIMITED has a diverse portfolio of products and services, including vehicle remarketing, logistics, and fleet management. The company also offers online bidding and purchasing services, making it easier for customers to buy and sell vehicles.
The key people at MANHEIM LIMITED include a team of experienced executives and professionals who are dedicated to providing high-quality services to their customers. The company prides itself on its customer-centric approach and strives to continuously improve its offerings.
For more information, customers can visit the company's website, where they can find details about its services, sustainability initiatives, and contact information. The registered office address for MANHEIM LIMITED is located in Birmingham, United Kingdom. Overall, MANHEIM LIMITED is a trusted and reliable partner for all automotive needs, with a strong commitment to sustainability and customer satisfaction.
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