AVIS BUDGET UK LIMITED
Company Information
- Company Number
- 00802486
- Registered Address
- Avis Budget House, Park Road, Bracknell, Berkshire, England, England, RG12 2EW
- Status
- Active
- Employee Count
- 292
- Turnover
- £144,670,000
- EBITDA
- £32,299,000
Additional Details
- Website
- https://avis.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 24 April 1964
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
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 | 06 Aug 2025 | 48 | 42% | 37% | 21% | 62% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 56 | 43% | 36% | 22% | 68% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 31 | 72% | 17% | 11% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 41 | 50% | 39% | 11% | 40% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 52 | 52% | 32% | 16% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 95 | 44% | 29% | 27% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 104 | 39% | 28% | 33% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 60 | 44% | 35% | 21% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 45 | 52% | 34% | 14% | 35% |
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
Invoices for purchases of fleet are paid to terms agreed with individual manufacturers. Invoices payable to companies within the ABG Group are paid based on date received + the agreed payment term of 30/45/60 days via a net settlement process offsetting any receivable amounts due from those companies. Offsetting is only possible where the contracual agreement allows.
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
For fleet suppliers, any queries must be emailed to fleet.uk@abg.com. If necessary, subsequent escalation can be made to the fleet team lead or fleet service delivery manager. For other suppliers, any queries must be emailed to Supplierhelpdesk.uk@abg.com. If necessary, subsequent escalation can be made by contacting the Procurement Manager or appropriate stakeholder – the Procurement Manager can then escalate within the team at the shared service centre and ask for specific actions to be taken whilst then communicating with the supplier. Validation is sought from invoice approvers in terms of disputed invoices. Set off may be allowed if a settlement has to be made subject to payment terms and contractual agreement position.
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
AVIS BUDGET UK LIMITED is a leading vehicle rental and mobility solutions company in the United Kingdom
The company offers a wide range of services including car, van, and truck rentals, as well as chauffeur and transfer services
They also provide long-term rental and leasing options for businesses and individuals.\n\nIn terms of sustainability, AVIS BUDGET UK LIMITED has implemented various initiatives to reduce their impact on the environment
This includes a fleet of low-emission and electric vehicles, as well as energy-efficient operations in their facilities
They also have a recycling program in place and encourage customers to opt for paperless transactions.\n\nOne of the key people in the company is the Managing Director, Mr
Keith Rankin, who has over 25 years of experience in the vehicle rental industry
He is supported by a team of experienced professionals who are committed to providing excellent customer service.\n\nThe company's website, www.avis.co.uk, provides easy online booking options and information on their services, locations, and special offers
Customers can also contact them through their customer service hotline, +44 (0) 344 544 6006, or by email at customer.service@avis.co.uk.\n\nThe registered office address of AVIS BUDGET UK LIMITED is Avis Budget House, Park Road, Bracknell, Berkshire, RG12 2EW
Overall, the company is dedicated to providing convenient and sustainable mobility solutions to its customers while also taking steps towards a greener future
