HONDA MOTOR EUROPE LIMITED
Company Information
- Company Number
- 00857969
- Registered Address
- Cain Road, Bracknell, Berkshire, RG12 1HL
- Status
- Active
- Employee Count
- 1,266
- Turnover
- £4,498,202,000
- EBITDA
- £73,715,000
Additional Details
- Website
- https://barrettshonda.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 1 September 1965
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories45400 - Sale, maintenance and repair of motorcycles and related parts and accessories
- Industries
- Road Travel
- Region
- South East
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 39 | 46% | 50% | 4% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 41 | 51% | 46% | 3% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 21 Nov 2023 | 39 | 52% | 46% | 2% | 5% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 40 | 53% | 38% | 9% | 8% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 35 | 55% | 43% | 2% | 5% |
| 01 Jan 2021 - 31 Mar 2021 | 30 Apr 2021 | 29 | 55% | 44% | 1% | 5% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 36 | 38% | 59% | 3% | 6% |
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
30 days net from invoice date
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
Payment disputes are raised and resolved with suppliers through the Financial Shared Service Centre with pricing issues managed through the Procurement Helpdesk. Business issues are raised and resolved through the Accounts Payable team with escalation to senior management as required.
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.
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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
Company Summary
Honda Motor Europe Limited is the European division of the Japanese multinational company, Honda Motor Co., Ltd. The company is headquartered in London, with its registered office address at Cain Road, Bracknell, Berkshire, RG12 1HL, United Kingdom.
The company's main activities include the production, marketing, and distribution of Honda vehicles, motorcycles, power products, and spare parts across Europe. Their product range includes popular car models such as the Civic, Accord, and CR-V, as well as motorcycles like the CBR and Gold Wing.
Honda Motor Europe Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. These include the development of advanced technologies such as hybrid and electric vehicles, as well as promoting eco-friendly practices in their manufacturing processes.
The company also has a strong focus on corporate social responsibility, supporting various social and community projects, and promoting diversity and inclusion within their workforce.
Key people in the company include Katsushi Inoue, the President and Chief Operating Officer, and Ken Keir, the Executive Vice President. Customers can contact the company through their website, www.honda.co.uk, or by phone at +44 (0) 1344 888 000.
In summary, Honda Motor Europe Limited is a leading automotive company in Europe, offering a wide range of sustainable products and services. With a strong commitment to corporate social responsibility, the company strives to make a positive impact on society while delivering high-quality products to their customers.