HERTZ (U.K.) LIMITED

PaymentCheck Score 2024
66Fair
2.4vs last year
#3278 in UK
#93 in Supply Chain
#1334 in London

Company Information

Company Number
00597994
Registered Address
Hertz House 11 Vine Street, Uxbridge, Middlesex, UB8 1QE
Status
Active
Employee Count
326
Turnover
£89,636,000
EBITDA
£28,248,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 January 1958
Nature of Business
77110 - Renting and leasing of cars and light motor vehicles
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
51%
31-60 Days
35%
After 60 Days
14%
Not Paid Within Terms15%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202413 Jan 20253751%35%14%15%
01 Jan 2024 - 30 Jun 202402 Jul 20244351%33%16%16%
01 Jul 2023 - 31 Dec 202302 Jan 20243848%36%16%20%
01 Jan 2023 - 30 Jun 202325 Jul 20233547%37%16%39%
01 Jul 2022 - 31 Dec 202224 Jan 20235713%44%43%15%
01 Jan 2021 - 30 Jun 202107 Jul 20215631%27%42%19%
01 Jul 2020 - 31 Dec 202012 Jan 20215827%28%45%20%
01 Jul 2019 - 31 Dec 201929 Jan 20204624%51%25%26%
01 Jan 2019 - 30 Jun 201918 Jul 20193837%47%16%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

Range from net Immediate to 90 days depending on contracts

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

90

Dispute Resolution Process

Accounts-Payable contract details are available on the Purchase Order Document Suppliers receive. All the questions about payments can be forwarded to Accounts-Payable

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

HERTZ (U.K.) LIMITED is a leading car rental company in the United Kingdom. They provide a wide range of car rental services for both leisure and business customers. The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact.

The sustainability program at HERTZ (U.K.) LIMITED includes the use of eco-friendly vehicles, such as hybrid and electric cars, in their fleet. They also have a paperless billing system and encourage customers to opt for electronic receipts. The company has also made efforts to reduce their carbon footprint by implementing energy-efficient practices in their offices and rental locations.

HERTZ (U.K.) LIMITED offers a variety of products and services to cater to the diverse needs of their customers. They have a wide selection of vehicles, including luxury cars, SUVs, and vans, available for rental. The company also offers additional services such as GPS navigation systems, child seats, and roadside assistance.

The key people at HERTZ (U.K.) LIMITED include the CEO, Michel Taride, who has been with the company for over 20 years and has extensive experience in the car rental industry. The company also has a team of dedicated employees who strive to provide excellent customer service and uphold the company's values of sustainability and efficiency.

The contact information for HERTZ (U.K.) LIMITED can be found on their website, www.hertz.co.uk. Their registered office address is Hertz House, 11 Vine Street, Uxbridge, Middlesex, UB8 1QE. Customers can also reach out to the company through their customer service hotline, which is available 24/7.

In conclusion, HERTZ (U.K.) LIMITED is a reputable car rental company in the UK with a strong focus on sustainability. They offer a wide range of products and services and have a dedicated team of employees. With their commitment to environmental responsibility and customer satisfaction, HERTZ (U.K.) LIMITED continues to be a top choice for car rental services in the UK.

Financial Metrics

Cash
£47,000
Net Worth
£8,891,000
Total Current Assets
£28,407,000
Total Current Liabilities
£130,583,000

Company Location