MERCEDES AMG HIGH PERFORMANCE POWERTRAINS LIMITED
Company Information
- Company Number
- 01760288
- Registered Address
- Mercedes-Benz Technology Centre, Morgan Drive, Brixworth, Northamptonshire, NN6 9GZ
- Status
- Active
- Employee Count
- 857.0
- Turnover
- 267939000.0
- EBITDA
- 24038000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 October 1983
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering
- Industries
- 0
- Region
- East Midlands
Company Location
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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 | 28 | 82% | 15% | 3% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 32 | 73% | 24% | 3% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 29 | 77% | 20% | 3% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 30 | 76% | 22% | 2% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 29 | 76% | 21% | 3% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 32 | 72% | 24% | 4% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 33 | 69% | 25% | 6% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 32 | 70% | 24% | 6% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 29 | 77% | 20% | 3% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 72% | 24% | 4% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 28 | 77% | 19% | 4% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 80% | 16% | 4% | 20% |
Company Summary
MERCEDES AMG HIGH PERFORMANCE POWERTRAINS LIMITED is a leading automotive company in the UK that specializes in the design, development, and production of high-performance engines for Mercedes-AMG and Mercedes-Benz vehicles
They are a subsidiary of Mercedes-Benz AG and have been operating since 1985
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact
They have a dedicated sustainability program that focuses on areas such as energy efficiency, waste reduction, and responsible sourcing of materials
MERCEDES AMG HIGH PERFORMANCE POWERTRAINS LIMITED offers a range of products and services, including engines, transmissions, and hybrid powertrains
Their engines are known for their exceptional performance, efficiency, and reliability, making them a preferred choice for high-performance vehicles
The company has a team of highly skilled and experienced professionals, including engineers, designers, and technicians, who are responsible for the success of their products
Key people in the company include Andy Cowell, Managing Director, and Hywel Thomas, Director of Operations
For more information about their products and services, customers can visit their website at https://www.mercedesamg-hpp.com/
The registered office address for MERCEDES AMG HIGH PERFORMANCE POWERTRAINS LIMITED is Brixworth Technology Park, Northampton, NN6 9UW, United Kingdom
Company Review
Trend Analysis
The trend for Mercedes AMG High Performance Powertrains Limited shows an increase in the average time taken to pay invoices in the first three periods, followed by a slight decrease in the fourth period. This trend continues in the fifth and sixth periods, with a slight increase in the seventh period before another decrease in the eighth and ninth periods. The trend then fluctuates, with a slight increase in the tenth period before a decrease in the eleventh period, and a slight increase in the twelfth period.
Volatility Analysis
The volatility for Mercedes AMG High Performance Powertrains Limited is relatively low, as the percentage of invoices paid within 30 days remains consistent at around 70-80% throughout the periods. The percentage of invoices paid between 31 and 60 days and later than 60 days also fluctuate within a small range, with the highest percentage being 25%. The percentage of invoices not paid within agreed terms also remains consistently low at around 10-20%.
Summary Analysis
In the first three periods, there was an average time of 27 days to pay invoices, with 80% of invoices paid within 30 days, 16% paid between 31 and 60 days, and 4% paid later than 60 days. The percentage of invoices not paid within agreed terms was 20%, and the shortest (or only) standard payment period was 7 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 Days Net
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
60
Dispute Resolution Process
Invoice queries are directed and dealt by the Finance and the Purchasing departments. In the event of a query becoming a dispute between the parties, the service level agreement for the resolution is 7 days from written notice of the dispute, unless different timelines are agreed by the parties. Primary contacts: - AP Queries (APQueries@mercedes-amg-hpp.com) - Purchasing at Mercedes HPP (Purchasing.MercedesAMGHPP@mercedes-amg-hpp.com) - Relevant Buyer
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
