Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 31 Dec 2024 | 13 Jan 2025 | 37 | 51% | 35% | 14% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Jul 2024 | 43 | 51% | 33% | 16% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Jan 2024 | 38 | 48% | 36% | 16% | 20% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 35 | 47% | 37% | 16% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 57 | 13% | 44% | 43% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 62 | 13% | 39% | 48% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 60 | 27% | 29% | 44% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 07 Jul 2021 | 56 | 31% | 27% | 42% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 58 | 27% | 28% | 45% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 56 | 14% | 57% | 29% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 46 | 24% | 51% | 25% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 38 | 37% | 47% | 16% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 38 | 27% | 57% | 16% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 07 Aug 2018 | 33 | 45% | 43% | 12% | 17% |
This information is as reported by the business, and responses are in their own words.
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
Accounts-Payable contract details are available on the Purchase Order Document Suppliers receive. All the questions about payments can be forwarded to Accounts-Payable
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.
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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
Hertz (U.K.) Limited is the UK registered entity of the Hertz car rental business, incorporated in 1958. Its registered nature of business is the renting and leasing of cars and light motor vehicles. The company was previously named Daimler Hire Limited between 1977 and 1986 before reverting to its current name. It is based in Uxbridge, Middlesex, and remains an active private limited company. Companies House filings show routine confirmation statements, accounts, director appointments and charge registrations, consistent with its role as an operating vehicle rental company within the wider Hertz group rather than a holding entity.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk