HERTZ EUROPE LIMITED
Company Information
- Company Number
- 01008739
- Registered Address
- Hertz House 11 Vine Street, Uxbridge, Middlesex, UB8 1QE
- Status
- Active
- Employee Count
- 97
- Turnover
- £61,770,000
- EBITDA
- £5,249,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 April 1971
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- London
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 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 36 | 56% | 34% | 10% | 48% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Jul 2024 | 39 | 49% | 38% | 14% | 53% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Jan 2024 | 36 | 62% | 27% | 11% | 50% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 31 | 61% | 27% | 13% | 62% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 72 | 21% | 36% | 43% | 57% |
| 01 Jan 2021 - 30 Jun 2021 | 07 Jul 2021 | 87 | 16% | 37% | 47% | 57% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 107 | 13% | 24% | 63% | 66% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 70 | 20% | 28% | 52% | 53% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Nov 2019 | 75 | 19% | 23% | 58% | 46% |
| 01 Jan 2019 - 30 Jan 2019 | 18 Jul 2019 | 75 | 19% | 23% | 58% | 46% |
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
Range from net Immediate to 90 days depending on contracts
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
90
Dispute Resolution Process
Accounts-Payable contract details are available on the Purchase Order Document Suppliers receive. All the questions about payments can be forwarded to Accounts-Payable
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
HERTZ EUROPE LIMITED is a multinational car rental company that operates in various countries across Europe. The company offers a wide range of car rental services to both leisure and business customers, including short and long-term rentals, chauffeur services, and car sharing programs.
In terms of sustainability, HERTZ EUROPE LIMITED has implemented a number of initiatives to reduce its environmental impact. These include using more fuel-efficient vehicles, investing in electric and hybrid cars, and promoting eco-friendly driving practices among its customers. The company also has a carbon offset program in place to offset the emissions from its fleet.
The company's key people include Michel Taride, the President of Hertz International, and Massimiliano Archiapatti, the Vice President of Sustainability and Innovation. Both individuals are dedicated to implementing sustainable practices within the company and ensuring that HERTZ EUROPE LIMITED meets its environmental goals.
Customers can easily access HERTZ EUROPE LIMITED's services through their website, which also provides information on their sustainability efforts and initiatives. The company's registered office address is located in Uxbridge, United Kingdom.
In summary, HERTZ EUROPE LIMITED is a leading car rental company in Europe that not only provides high-quality services to its customers but also prioritizes sustainability and environmental responsibility. With a strong team and a commitment to reducing its carbon footprint, HERTZ EUROPE LIMITED is a prime choice for those looking to rent a car in Europe.
