BOSCH AUTOMOTIVE SERVICE SOLUTIONS LTD

Company Information

Company Number
00880052
Registered Address
C/o Legal Department, Robert Bosch Ltd Broadwater Park, North Orbital Road, Denham, Uxbridge, UB9 5HJ
Status
Active
Employee Count
129
Turnover
£34,707,000
EBITDA
£4,198,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 May 1966
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Road Travel
Region
South East

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
82%
31-60 Days
15%
After 60 Days
3%
Not Paid Within Terms20%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201828 Jan 20192382%15%3%20%

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

The most frequently used payment terms are 30 days.

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

All queries and disputes relating to payments are handled by our accounts payable teams. When opening an account with a supplier, we issue the supplier with the contact email address of their accounts payable contact. In the first instance, the supplier should contact their accounts payable contact via this email. The accounts payable contact would aim to deal promptly with the dispute.

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

BOSCH AUTOMOTIVE SERVICE SOLUTIONS LTD is a leading global supplier of technology and services in the automotive industry. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.

Their sustainability program includes initiatives to reduce energy and water consumption, increase recycling and promote eco-friendly practices throughout the organization. They also collaborate with their suppliers to ensure sustainable sourcing of materials.

BOSCH AUTOMOTIVE SERVICE SOLUTIONS LTD offers a wide range of products and services including diagnostic equipment, vehicle servicing tools, and software solutions for vehicle repair and maintenance. Their products are designed to improve the efficiency and reliability of automotive services.

The key people at BOSCH AUTOMOTIVE SERVICE SOLUTIONS LTD include the CEO, Wolf-Henning Scheider, and the Managing Director, Uwe Raschke. They lead a team of highly skilled and dedicated professionals who are committed to delivering high-quality solutions to their customers.

The company's website address is www.bosch-automotive.com. Their registered office address is at Denham Way, Maple Cross, Rickmansworth, Hertfordshire, WD3 9YS, United Kingdom.

In conclusion, BOSCH AUTOMOTIVE SERVICE SOLUTIONS LTD is a sustainable and innovative company that offers a wide range of products and services in the automotive industry. With a strong leadership team and a commitment to sustainability, they continue to be a trusted partner for their customers worldwide.

Financial Metrics

Cash
£0
Net Worth
£282,000
Total Current Assets
£19,046,000
Total Current Liabilities
£22,573,000

Company Location