STELLANTIS FINANCIAL SERVICES UK LIMITED
Company Information
- Company Number
- 01024322
- Registered Address
- 61 London Road, Redhill, England, RH1 1QA
- Status
- Active
- Employee Count
- 210.0
- Turnover
- 130815000.0
- EBITDA
- 53935000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 September 1971
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles$45112 - Sale of used cars and light motor vehicles$64910 - Financial leasing$64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- Industries
- Financial Services,Travel And Transportation
- Region
- South East
Company Location
Failed to initialize map
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 20 | 84% | 14% | 2% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Nov 2023 | 24 | 85% | 11% | 4% | 9% |
Company Summary
STELLANTIS FINANCIAL SERVICES UK LIMITED is a financial services company based in the UK
The company is a subsidiary of STELLANTIS, a leading global automotive company
Their main focus is to provide innovative and sustainable financial solutions for customers looking to purchase or lease a vehicle from STELLANTIS brands such as Peugeot, Citroen, and Vauxhall
The company offers a range of products and services including financing, leasing, and insurance options for individuals and businesses
They also offer a variety of online tools and resources to help customers make informed decisions about their finances and vehicle purchases
STELLANTIS FINANCIAL SERVICES UK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact
This includes offering financial incentives for customers who choose to purchase electric or hybrid vehicles, as well as promoting responsible and eco-friendly driving habits
The company is led by CEO David March, who has over 30 years of experience in the automotive and financial services industry
They also have a dedicated team of experts who are committed to providing excellent customer service and financial solutions
For more information on their products, services, and sustainability program, customers can visit their website at www.stellantis.com/uk/financial-services
The registered office address for STELLANTIS FINANCIAL SERVICES UK LIMITED is 240 Bath Road, Slough, Berkshire, SL1 4DX, United Kingdom
Company Review
Trend Analysis
The trend for STELLANTIS FINANCIAL SERVICES UK LIMITED is towards paying invoices faster, with the average time to pay decreasing from 24 days in the first period to 18 days in the most recent period.
Volatility Analysis
The volatility for STELLANTIS FINANCIAL SERVICES UK LIMITED is relatively low, with only minor changes in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms are agreed with between the vendor and our Procurement Department, ensuring the most appropriate terms are agreed to by both parties
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
45
Dispute Resolution Process
All invoice queries are resolved by the Accounts Payable team and the owner of the agreement between the business and the supplier. All queries are considered immediately and resolved within the shortest possible time frame.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available