ZF AUTOMOTIVE UK LIMITED

Company Information

Company Number
00872948
Registered Address
The Hub Central Boulevard, Shirley, Solihull, West Midlands, United Kingdom, B90 8BG
Status
Active
Employee Count
1840.0
Turnover
757071000.0
EBITDA
54914000.0

Additional Details

Company Type
Private limited Company
Incorporated On
4 March 1966
Nature of Business
29310 - Manufacture of electrical and electronic equipment for motor vehicles and their engines$29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Travel And Transportation
Region
West Midlands

Company Location

Google
Map data ©2025
Map data ©2025

Financial Metrics

Cash
£1,407,000.00
Net Worth
£368,019,000.00
Total Current Assets
£516,987,000.00
Total Current Liabilities
£365,600,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
62 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
10%
31-60 Days
33%
After 60 Days
57%
Not Paid Within Terms51%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018020406080

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018020406080

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20246210%33%57%51%
01 Jan 2023 - 30 Jun 202328 Jul 20236013%35%52%50%
01 Jul 2022 - 31 Dec 202230 Jan 20236210%36%54%50%
01 Jan 2022 - 30 Jun 202201 Aug 2022639%30%61%60%
01 Jul 2021 - 31 Dec 202128 Jan 20226013%34%53%50%
01 Jan 2021 - 30 Jun 202129 Jul 20216012%43%45%36%
01 Jul 2020 - 31 Dec 202029 Jan 20216011%43%46%36%
01 Jan 2020 - 30 Jun 202029 Jul 20206111%37%52%45%
01 Jul 2019 - 31 Dec 201929 Jan 20205913%42%45%44%
01 Jan 2019 - 30 Jun 201931 Jul 20195815%39%46%43%
01 Jul 2018 - 31 Dec 201830 Jan 20196211%37%52%45%
01 Jan 2018 - 30 Jun 201830 Jul 20186111%43%47%44%

Company Summary

ZF Automotive UK Limited is a leading global automotive supplier that specializes in the design, development, and manufacture of advanced technologies for cars, commercial vehicles, and industrial applications

The company is committed to sustainability and has implemented various programs to reduce its environmental impact and promote social responsibility

The sustainability program of ZF Automotive UK Limited includes initiatives such as reducing energy consumption, minimizing waste generation, and using environmentally friendly materials in its products

The company also collaborates with its suppliers to promote sustainable practices throughout the supply chain

ZF Automotive UK Limited offers a wide range of products and services, including driveline and chassis technology, steering systems, electronic components, and safety systems

Its products are designed to improve vehicle performance, efficiency, and safety while reducing emissions and fuel consumption

The key people at ZF Automotive UK Limited include Richard Gordon, the Managing Director, and Nigel Stein, the Chairman

The company has a team of over 2,500 employees who are dedicated to providing high-quality products and services to its customers

The contact information for ZF Automotive UK Limited is as follows:

- Website: www.zf.com/uk

- Registered office address: ZF Automotive UK Limited, Nottingham Road, Lount, Leicestershire, DE12 5EH, United Kingdom

In conclusion, ZF Automotive UK Limited is a leading automotive supplier that is committed to sustainability and offers a wide range of advanced technologies to improve vehicle performance

With its dedicated team and innovative products, the company continues to drive the automotive industry forward

Company Review

Trend Analysis

The average time taken for ZF AUTOMOTIVE UK LIMITED to pay invoices to suppliers has remained relatively consistent over the past three periods, ranging from 58 to 63 days. However, there has been a noticeable decrease in the percentage of invoices paid within 30 days, with an increase in the percentage of invoices paid later than 60 days. This trend suggests a potential issue with timely payment to suppliers.

Volatility Analysis

ZF AUTOMOTIVE UK LIMITED has seen some volatility in their payment practices over the past three periods, particularly in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. This could indicate a lack of consistency in their payment processes.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

60 days

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

120

Dispute Resolution Process

Disputes and complaints about payments are managed by our Accounts Payable team, processes are being harmonized between all our group companies.

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

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