VOLVO GROUP UK LIMITED
Company Information
- Company Number
- 02190944
- Registered Address
- Wedgnock Lane, Warwick, CV34 5YA
- Status
- Active
- Employee Count
- 1,289
- Turnover
- £775,317,000
- EBITDA
- £124,677,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 November 1987
- Nature of Business
- 45190 - Sale of other motor vehicles
- Industries
- Travel And Transportation
- Region
- West Midlands
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 | 28 | 61% | 35% | 4% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 30 | 55% | 37% | 8% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 37 | 44% | 45% | 11% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 38 | 55% | 34% | 11% | 78% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 19 | 64% | 28% | 6% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 34 | 70% | 20% | 10% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 30 | 65% | 20% | 15% | 17% |
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
Payment Terms depend on the type of goods that are purchased
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
Disputed invoices are logged in our Purchasing System and the buyer requested to contact the seller to resolve the dispute.
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
VOLVO GROUP UK LIMITED is a leading provider of commercial vehicles, construction equipment, and bus and coach products in the United Kingdom. The company is a subsidiary of the Sweden-based multinational company, Volvo Group.
The company's sustainability program is focused on reducing the environmental impact of its operations and products. This includes initiatives such as reducing carbon emissions, promoting energy efficiency, and using renewable energy sources. VOLVO GROUP UK LIMITED has also set ambitious targets to increase the use of sustainable materials and promote circularity in its products.
The company's products and services include a wide range of trucks, buses, construction equipment, and engines, all designed with the latest technology and a focus on sustainability. Their trucks are known for their fuel efficiency and low emissions, while their buses and coaches offer a comfortable and eco-friendly transportation solution.
Some key people in VOLVO GROUP UK LIMITED include Managing Director, Arne Knaben, and Head of Sustainability, Lars Stenqvist. They are responsible for driving the company's sustainability efforts and ensuring that its products and operations align with their sustainability goals.
The registered office address of VOLVO GROUP UK LIMITED is Wedgnock Lane, Warwick, CV34 5YA, United Kingdom. Their website address is www.volvogroup.com/uk. Customers can also contact the company through their customer service line at 0800 91 97 70 or via email at info.uk@volvo.com.
In summary, VOLVO GROUP UK LIMITED is a leading provider of sustainable commercial vehicles, construction equipment, and bus and coach products in the United Kingdom. Their commitment to sustainability, innovative products and services, and dedicated team of professionals make them a trusted and reliable choice for customers.
