Score of 83.5/100 qualifies for PaymentCheck Certification
| 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 | 32 | 81% | 16% | 3% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 29 | 82% | 15% | 3% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 31 | 79% | 17% | 4% | 12% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days Net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
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
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
Mercedes AMG High Performance Powertrains Limited, based in Brixworth, Northamptonshire, designs, manufactures, tests and races Formula 1 power units, supplying the Mercedes-AMG PETRONAS F1 Team and customer teams. Its Advanced Technology team transfers F1 technologies and expertise into high performance automotive projects and products, such as the Mercedes-AMG ONE and Mercedes-Benz Vision EQXX. The company operates a technology centre in Northamptonshire employing engineering staff across F1 trackside and advanced technology functions. This matches its registered SIC classification for research and experimental development in natural sciences and engineering, reflecting its focus on power unit design, testing and technology transfer rather than general vehicle manufacture or road travel services.
Generated from the company's website and Companies House records. Sources: mercedes-amg-hpp.com