KNORR-BREMSE SYSTEMS FOR COMMERCIAL VEHICLES LIMITED
Company Information
- Company Number
- 00529247
- Registered Address
- Century House, Folly Brook Road, Emersons Green, Bristol, BS16 7FE
- Status
- Active
- Employee Count
- 47
- Turnover
- £51,205,000
- EBITDA
- £3,532,000
Additional Details
- Website
- https://knorr-bremse.com
- Company Type
- Private limited Company
- Incorporated On
- 15 February 1954
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Manufacturing, Road Travel
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2022 - 30 Jun 2022 | 18 Aug 2022 | 42 | 41% | 34% | 25% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Feb 2022 | 46 | 34% | 45% | 21% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 42 | 34% | 41% | 25% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 03 Mar 2021 | 47 | 27% | 43% | 30% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Feb 2020 | 45 | 31% | 47% | 22% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jun 2019 | 42 | 36% | 46% | 18% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 40% | 42% | 18% | 17% |
| 01 Jan 2017 - 30 Jun 2017 | 26 Jul 2018 | 30 | 51% | 48% | 1% | 0% |
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
nett monthly +1 which equals payment by end of month 2 after invoice month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
90
Dispute Resolution Process
Suppliers contacted by phone or email 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
KNORR-BREMSE SYSTEMS FOR COMMERCIAL VEHICLES LIMITED is a leading global provider of braking systems and other safety-critical systems for commercial vehicles. The company is committed to sustainability and has a comprehensive sustainability program in place.
Their products include air brake systems, electronic braking systems, steering systems, and various other safety solutions for trucks, buses, trailers, and agricultural vehicles. These products are designed to improve the safety, efficiency, and performance of commercial vehicles.
The key people at KNORR-BREMSE SYSTEMS FOR COMMERCIAL VEHICLES LIMITED include the Chairman of the Board of Directors, Dr. Klaus Deller, and the Managing Director, Dr. Peter Laier. The company has a team of over 24,000 employees worldwide, who are dedicated to providing innovative solutions and excellent customer service.
The company's sustainability program focuses on reducing their environmental impact, promoting diversity and inclusion, and engaging in social responsibility initiatives. They aim to continuously improve their processes and products to minimize their carbon footprint and support a sustainable future.
KNORR-BREMSE SYSTEMS FOR COMMERCIAL VEHICLES LIMITED is headquartered in Munich, Germany, and has a presence in over 30 countries. Their website address is www.knorr-bremse.com and their registered office address is Knorr-Bremse Systeme für Nutzfahrzeuge GmbH, Moosacher Strasse 80, 80809 Munich, Germany.
In conclusion, KNORR-BREMSE SYSTEMS FOR COMMERCIAL VEHICLES LIMITED is a reputable company in the commercial vehicle industry, known for its commitment to sustainability and high-quality products. Their team of experts, innovative solutions, and global presence make them a reliable partner for commercial vehicle needs.
