RENAULT SPORT RACING LIMITED
Company Information
- Company Number
- 01806337
- Registered Address
- Whiteways Technical Centre, Enstone, Chipping Norton, Oxfordshire, OX7 4EE
- Status
- Active
- Employee Count
- 995
- Turnover
- £238,508,000
- EBITDA
- £7,009,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 April 1984
- Nature of Business
- 93110 - Operation of sports facilities93120 - Activities of sport clubs
- Industries
- Sports
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 2019 - 31 Dec 2019 | 19 Feb 2020 | 27 | 47% | 48% | 5% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 27% | 68% | 5% | 35% |
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
standard terms are 30 day end of month. We may agree shorter or longer payment terms in individual contracts.
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
90
Dispute Resolution Process
Invoices that do not comply with our invoice process policy are entered to a register and sent to the relevant budget holder to resolve. Suppliers can contact Accounts Payable team via email accounts@uk.renaultsportracing.com or by telephone 01608 678000. Supplier Statements are reconciled on receipt to ensure that invoices are processed to the ledger communicating to the supplier when an invoice is in dispute. We seek to resolve queries as quickly as possible.
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?
❌
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
RENAULT SPORT RACING LIMITED is a British motorsports team and automotive company that is based in Enstone, Oxfordshire. The company is a subsidiary of French car manufacturer, Renault, and specializes in the development and production of high-performance vehicles.
The company is known for its participation in various motorsports events, including Formula One, Formula Renault, and Formula E. It has a long history of success in these competitions, with multiple world championship titles and race wins.
In line with its commitment to sustainability, RENAULT SPORT RACING LIMITED has implemented various initiatives to reduce its environmental impact. This includes reducing carbon emissions and promoting energy efficiency in its production processes. The company also uses sustainable materials in its vehicles and has a recycling program in place.
The company's main products and services include the production of high-performance road cars, as well as the development and maintenance of racing cars for its motorsports teams. It also offers performance parts and accessories for Renault vehicles.
The key people at RENAULT SPORT RACING LIMITED include Cyril Abiteboul, the Managing Director, and Alain Prost, the Non-Executive Director. Both are highly experienced and renowned figures in the motorsports industry.
To contact RENAULT SPORT RACING LIMITED, individuals can visit their website at www.renaultsport.com, where they can find more information about the company's products, services, and sustainability efforts. The registered office address is Enstone, Oxfordshire, OX7 4EE, United Kingdom.
