CDK GLOBAL (UK) LIMITED

Company Information

Company Number
01281651
Registered Address
The Brickworks, 35-43 Greyfriars Road, Reading, England, RG1 1NP
Status
Active
Employee Count
601
Turnover
£124,984,000
EBITDA
£25,511,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 October 1976
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
37 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
70%
31-60 Days
18%
After 60 Days
12%
Not Paid Within Terms36%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201827 Jul 20182871%21%8%39%

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

Under CDK Global (UK) Ltd's standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice in CDK's Business Service Centre via UKAP@cdk.com. In the period under review, on average we take 37 days to pay third party suppliers.

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

The business has a dedicated Business Service Centre which is contactable via email and telephone. Vendors with invoice queries need to contact this team and if the service centre is not able to resolve they escalate the issue to management within the business. The business will reach out to the vendor and to the service centre if it is not clear why the invoice has not been approved for payment.

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

CDK Global (UK) Limited is a leading provider of integrated technology solutions for the automotive industry. The company is dedicated to helping dealerships and manufacturers around the world succeed by providing innovative and sustainable products and services.

Their sustainability program focuses on reducing their environmental footprint and promoting responsible practices across their operations. This includes reducing energy consumption and waste, as well as promoting sustainable transportation methods for their employees.

CDK Global offers a range of products and services to help dealerships and manufacturers streamline their operations and improve their customer experience. This includes dealership management systems, customer relationship management software, and digital marketing solutions.

The key people at CDK Global (UK) Limited include Managing Director, Stuart Miles, and Finance Director, David Bates. They lead a team of dedicated professionals who are committed to providing exceptional service and support to their clients.

To learn more about CDK Global (UK) Limited and their products and services, visit their website at www.cdkglobal.com/uk. Their registered office address is at 1st Floor, 2 West Regent Street, Glasgow, G2 1RW, United Kingdom.

Financial Metrics

Cash
£1,900,000
Net Worth
£5,395,000
Total Current Assets
£75,725,000
Total Current Liabilities
£111,425,000

Company Location