BRIDGESTONE UK LIMITED
Company Information
- Company Number
- 01040790
- Registered Address
- Athena Drive, Tachbrook Park, Warwick, Warwickshire, CV34 6UX
- Status
- Converted / Closed
- Employee Count
- 241
- Turnover
- £243,217,000
- EBITDA
- £2,294,000
Additional Details
- Website
- https://bridgestone.co.uk/
- Company Type
- Converted/closed company
- Incorporated On
- 1 February 1972
- Nature of Business
- 45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Road Travel
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for BRIDGESTONE UK LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the first and third periods and a decrease in the second period.
Volatility Analysis
The volatility of BRIDGESTONE UK LIMITED's payment schedule can be seen in the varying percentages of invoices paid within 30 days and those paid later than 60 days. The company has shown some improvement in paying invoices within 30 days, but the percentage of invoices paid later than 60 days has remained consistently high.
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 Jan 2019 - 30 Jun 2019 | 12 Aug 2019 | 42 | 33% | 48% | 19% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 14 Feb 2019 | 34 | 44% | 43% | 13% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 42 | 32% | 50% | 18% | 1% |
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
31 days end of month
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
61
Dispute Resolution Process
Suppliers can contact our shared service centre in Poland by local rate phone call or dedicated email address with any query they have.
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
BRIDGESTONE UK LIMITED is a leading tire and rubber company in the UK. They provide a wide range of products and services, including tires for cars, motorcycles, trucks, and agricultural vehicles. They also offer solutions for sports and leisure activities, as well as industrial and aircraft tires.
The company is committed to sustainability and has a strong sustainability program in place. They aim to reduce their environmental impact by implementing sustainable practices in their operations, such as reducing carbon emissions, conserving natural resources, and promoting recycling. They also prioritize ethical and responsible business practices, including fair treatment of employees and suppliers.
BRIDGESTONE UK LIMITED has a team of key people leading the company, including the Managing Director, Mr. Robin Shaw, and the Chief Operating Officer, Mr. Gary Powell. They have a dedicated customer service team that can be contacted through their website or by phone.
The company's website, www.bridgestone.co.uk, provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is Bridgestone House, Athena Drive, Tachbrook Park, Warwick, CV34 6UX.
In conclusion, BRIDGESTONE UK LIMITED is a leading tire and rubber company in the UK, committed to sustainability and providing high-quality products and services. Their dedicated team and customer service make them a reliable and responsible choice for customers.
