RENESAS DESIGN (UK) LIMITED

PaymentCheck Score 2025
71Fair
2.5vs last year
#2354 in UK
#389 in South East

Company Information

Company Number
01914888
Registered Address
Dukes Meadow, Millboard Road, Bourne End, England, SL8 5FH
Status
Active
Employee Count
262
Turnover
£482,968,000
EBITDA
£129,021,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 May 1985
Nature of Business
71129 - Other engineering activities
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
32 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
44%
31-60 Days
48%
After 60 Days
8%
Not Paid Within Terms6%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20252743%51%6%4%
01 Jul 2024 - 31 Dec 202430 Jan 20252459%33%8%5%
01 Jan 2024 - 30 Jun 202430 Jul 20243244%48%8%6%
01 Jan 2023 - 30 Jun 202327 Jul 20235427%61%12%6%
01 Jan 2021 - 02 Jul 202130 Jul 20214017%73%10%2%
27 Jun 2020 - 31 Dec 202029 Jan 20214515%73%12%2%
01 Jul 2018 - 31 Dec 201825 Jan 20192936%56%8%8%
01 Jan 2018 - 29 Jun 201827 Jul 20182468%28%4%5%

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

Our standard payment terms are 60 days from the receipt of a valid invoice quoting the purchase order number and, where relevant, accompanied by any agreed supporting documentation. Our standard payment terms apply to all purchase orders unless otherwise agreed in writing with the supplier.

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

All queries concerning outstanding invoices or payments made should be raised in the first instance with the relevant procurement contact/buyer who is identified on the purchase order. Where appropriate, that person will refer the matter to the Accounts Payable team. If the matter cannot be resolved by the Accounts Payable team, it will be escalated within the company and our Legal team will be involved, if necessary.

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.

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

RENESAS DESIGN (UK) LIMITED is a leading global provider of advanced semiconductor solutions for a wide range of industries, including automotive, industrial, and consumer electronics. Headquartered in Reading, UK, the company offers a range of products and services that are designed to enhance the performance and efficiency of electronic devices.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste and emissions, and implementing energy-efficient practices in its operations. RENESAS DESIGN (UK) LIMITED also works with suppliers to ensure sustainable sourcing of materials and promotes recycling and responsible disposal of electronic waste.

Their products and services are designed to meet the highest standards of quality and reliability. The company offers a wide range of microcontrollers, system-on-chip solutions, and power management ICs that are used in various applications, such as automotive safety systems, industrial automation, and smart home devices.

The key people at RENESAS DESIGN (UK) LIMITED include the Managing Director, who oversees the company's operations and strategy, and the Head of Research and Development, who leads the team in developing innovative solutions. The company also has a dedicated team of engineers and customer support staff to provide excellent service to its clients.

For more information on their products and services, customers can visit the company's website at www.renesas.com. The registered office address of RENESAS DESIGN (UK) LIMITED is located at New Greenham Park, Newbury, Berkshire, RG19 6HW, United Kingdom. Customers can also contact the company via email or phone, the details of which are available on their website.

Financial Metrics

Cash
£4,742
Net Worth
£850,754,091
Total Current Assets
£1,116,873,764
Total Current Liabilities
£282,460,675

Company Location