HONDA MOTOR EUROPE LIMITED

PaymentCheck Score 2025
67Fair
1.7vs last year
#2654 in UK
#133 in Road Travel
#437 in South East

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

Company Type
Private limited Company
Incorporated On
1 September 1965
Nature of Business
45111 - Sale of new cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
45400 - Sale, maintenance and repair of motorcycles and related parts and accessories
Industries
Road Travel
Region
South East

Time to Pay

Average Time to Pay
37 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
56%
31-60 Days
42%
After 60 Days
2%
Not Paid Within Terms6%

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: 2024-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20253946%50%4%7%
01 Oct 2023 - 31 Mar 202430 Apr 20244151%46%3%5%
01 Apr 2023 - 30 Sept 202321 Nov 20233952%46%2%5%
01 Apr 2022 - 30 Sept 202231 Oct 20224053%38%9%8%
01 Apr 2021 - 30 Sept 202126 Oct 20213555%43%2%5%
01 Jan 2021 - 31 Mar 202130 Apr 20212955%44%1%5%
01 Apr 2019 - 30 Sept 201925 Oct 20193638%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.

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

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.

Financial Metrics

Cash
£15,473,000
Net Worth
-£506,021,000
Total Current Assets
£1,555,450,000
Total Current Liabilities
£2,422,721,000

Company Location