SCANIA FINANCE GREAT BRITAIN LIMITED
Company Information
- Company Number
- 02173954
- Registered Address
- 55 Baker Street, London, W1U 7EU
- Status
- Active
- Employee Count
- 83
- Turnover
- £72,823,000
- EBITDA
- £39,453,000
Additional Details
- Website
- https://scania.com
- Company Type
- Private limited Company
- Incorporated On
- 6 October 1987
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- London
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 17 | 88% | 6% | 6% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 14 Feb 2025 | 24 | 86% | 6% | 8% | 52% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Feb 2024 | 73 | 88% | 4% | 8% | 62% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 7 | 98% | 1% | 1% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 12 | 93% | 4% | 3% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 18 | 89% | 5% | 6% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 22 | 82% | 12% | 6% | 42% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 24 | 84% | 9% | 7% | 42% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 33 | 71% | 17% | 12% | 43% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 24 | 89% | 11% | 0% | 14% |
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
SFGB does not use standard payment terms. Instead, we try our best to adhere to the payment terms set out by the supplier, as seen on their invoice. The most frequent term we encounter is 30 days from receipt of invoice, while a smaller proportion of suppliers use 14 or 7 days.
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
30
Dispute Resolution Process
Complaints should be sent to either the suppliers contact at Scania Finance Great Britain, or accounts.sfgb@scania.com , where their concern will be dealt with by the Accounts Assistant overseeing the Purchase Ledger. A payment missed due to an administrative error will usually be rectified and paid to the supplier within 7 days. A dispute will be passed on to the appropriate department, who will contact the supplier to resolve the issue.
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
Scania Finance Great Britain Limited is a financial services company that provides a range of products and services for customers in the transportation industry. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes promoting the use of renewable fuels and energy-efficient vehicles, as well as reducing CO2 emissions from their operations. They also have a recycling program in place and encourage their employees to participate in volunteer activities for environmental conservation.
The company offers a variety of financial solutions, including leasing, rental, and insurance services for Scania vehicles. They also provide financing options for customers looking to purchase new or used Scania trucks, buses, and engines.
The key people at Scania Finance Great Britain Limited include Managing Director, Mikael Lundqvist and Financial Director, Mark White. They can be contacted through the company's website, which also provides information on their products and services.
The registered office address for Scania Finance Great Britain Limited is Delaware Drive, Tongwell, Milton Keynes, Buckinghamshire, MK15 8HB. Their website address is www.scaniafinance.co.uk.
In summary, Scania Finance Great Britain Limited is a sustainable financial services company that offers various solutions for the transportation industry. They are committed to reducing their environmental impact and provide a range of financial products and services tailored to their customers' needs.
