WILLIAMS GRAND PRIX ENGINEERING LIMITED
Company Information
- Company Number
- 01297497
- Registered Address
- Grove, Wantage, Oxfordshire, OX12 0DQ
- Status
- Active
- Employee Count
- 809
- Turnover
- £142,846,000
- EBITDA
- -£6,671,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 February 1977
- Nature of Business
- 27900 - Manufacture of other electrical equipment29100 - Manufacture of motor vehicles29320 - Manufacture of other parts and accessories for motor vehicles71129 - Other engineering activities
- Industries
- Travel And Transportation
- Region
- South East
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 42 | 27% | 60% | 13% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 04 Apr 2025 | 41 | 29% | 58% | 13% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 04 Apr 2025 | 41 | 32% | 55% | 13% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Apr 2025 | 44 | 29% | 56% | 15% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 38 | 37% | 51% | 12% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 42 | 28% | 57% | 15% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 41 | 30% | 57% | 13% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 42 | 27% | 58% | 14% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 34 | 35% | 52% | 13% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 45 | 30% | 52% | 18% | 33% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 43 | 30% | 54% | 17% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 38 | 39% | 49% | 12% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 39 | 39% | 50% | 11% | 19% |
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
For most companies our standard payment terms are 60days EOM.
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
If there are disputes relating to invoices due for payment the details of the query are passed to the purchasing department or applicable requisitioner to validate any differences between what has been ordered and what has been invoiced and agree with the supplier. If the supplier invoice is incorrect a credit note is requested. All invoices should be sent to accounts_payable@williamsf1.com in the first instance.
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.
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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.
❌
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
Williams Grand Prix Engineering Limited is a British Formula One racing team and engineering company founded by Sir Frank Williams and Sir Patrick Head in 1977. The company is based in Grove, Oxfordshire, and has been a dominant force in the world of motorsports, having won nine Constructors' Championships and seven Drivers' Championships.
The company's sustainability program focuses on reducing their environmental impact and promoting sustainable practices. They have implemented various measures such as using renewable energy sources, reducing waste and promoting recycling, and implementing energy-efficient technologies. They have also partnered with various organizations to promote sustainable mobility and reduce carbon emissions.
Williams Grand Prix Engineering Limited is known for its high-performance products and services in the world of motorsports. They provide cutting-edge engineering solutions and technologies to their clients, including their own Formula One team and other racing teams. Their expertise in aerodynamics, design, and advanced materials has made them a leader in the industry.
The key people at Williams Grand Prix Engineering Limited include Sir Frank Williams, who serves as the team principal, and Claire Williams, the deputy team principal. The team's current drivers are George Russell and Nicholas Latifi, with their test and reserve driver being Jack Aitken.
The company's website address is www.williamsf1.com, where one can find more information about their products, services, and sustainability efforts. Their registered office address is Grove, Wantage, Oxfordshire, OX12 0DQ, United Kingdom.
In conclusion, Williams Grand Prix Engineering Limited is a well-established and successful British Formula One racing team and engineering company. They not only excel in their field but also prioritize sustainability and have a strong commitment to reducing their environmental impact. With their highly skilled team and innovative products and services, they continue to be a leading force in the world of motorsports.
