XTRAC LIMITED
Company Information
- Company Number
- 01825037
- Registered Address
- Gables Way, Kennet Park, Thatcham, Berkshire, England, RG19 4ZA
- Status
- Active
- Employee Count
- 453
- Turnover
- £89,572,000
- EBITDA
- £8,523,000
Additional Details
- Website
- https://www.xtrac.com/
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1984
- Nature of Business
- 28150 - Manufacture of bearings, gears, gearing and driving elements
- Industries
- Manufacturing, Raw Materials And Intermediate Goods, Road Travel
- 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 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 60 | 7% | 31% | 62% | 52% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 63 | 4% | 33% | 63% | 68% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 62 | 4% | 34% | 62% | 52% |
| 01 Oct 2021 - 31 Mar 2022 | 04 Aug 2022 | 64 | 4% | 32% | 64% | 59% |
| 01 Apr 2021 - 30 Sept 2021 | 03 Aug 2022 | 61 | 6% | 34% | 60% | 38% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 63 | 5% | 33% | 62% | 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
For the majority of our suppliers our standard payment terms are 60 days E.O.M.
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
Any supplier invoice disputes are referred to our purchasing department for resolution with the supplier. A request for a credit note will be made to the supplier if appropriate.
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
XTRAC LIMITED is a British company that specializes in the design, development, and manufacture of high-performance transmissions and driveline components for the motorsport and automotive industries. The company was founded in 1984 and is headquartered in Thatcham, Berkshire.
XTRAC LIMITED is committed to sustainability and has implemented several initiatives to reduce their environmental impact. These include using energy-efficient machinery, recycling waste materials, and sourcing materials from sustainable suppliers. The company also works closely with their customers to develop more sustainable solutions for their products.
The company's main products and services include the design and manufacture of transmissions, gearboxes, and driveline components for various racing series and high-performance road cars. They also offer consultancy and support services for their products, ensuring that their customers receive the best possible performance and reliability.
Key people at XTRAC LIMITED include CEO Adrian Moore, who joined the company in 2018, and Technical Director Peter Digby, who has been with the company since its inception. Both have extensive experience in the motorsport and automotive industries, contributing to the company's success and innovation.
For more information about XTRAC LIMITED, visit their website at www.xtrac.com. Their registered office address is XTRAC LIMITED, 1, Brunel Way, Thatcham, Berkshire, RG19 4RU. With their commitment to sustainability and exceptional products and services, XTRAC LIMITED continues to be a leader in the motorsport and automotive industry.
