UTAC UK LTD

PaymentCheck Score 2025
34Poor
9.5vs last year
#4223 in UK
#286 in Travel And Transportation
#293 in East of England

Company Information

Company Number
02230262
Registered Address
Millbrook, Bedford, MK45 2JQ
Status
Active
Employee Count
392
Turnover
£38,232,000
EBITDA
£918,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 March 1988
Nature of Business
71200 - Technical testing and analysis
Industries
Travel And Transportation
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
20%
31-60 Days
43%
After 60 Days
37%
Not Paid Within Terms64%

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: 2025-08-18
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 202518 Aug 20255820%43%37%64%
01 Jul 2024 - 31 Dec 202431 Jan 20256011%41%48%84%
01 Jul 2023 - 31 Dec 202331 Jan 20245520%51%28%54%
01 Jan 2023 - 30 Jun 202301 Aug 20237010%42%48%83%
01 Jan 2022 - 30 Jun 202229 Jul 20225522%70%8%24%
01 Jul 2021 - 31 Dec 202128 Jan 20225025%67%8%13%
01 Jan 2021 - 30 Jun 202108 Jul 20215324%62%14%24%
01 Jan 2019 - 30 Jun 201924 Jul 20195821%59%20%31%
01 Jan 2018 - 30 Jun 201830 Jul 20185616%52%32%57%

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

60 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Liaise with the the supplier and buyer to resolve and reach a resolution.

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

UTAC UK LTD is a leading provider of automotive engineering and testing services based in the United Kingdom. The company offers a wide range of services including vehicle testing, emissions testing, and product development.

As part of their commitment to sustainability, UTAC UK LTD has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, implementing energy-efficient practices, and promoting recycling and waste reduction.

The company also offers sustainable products and services such as eco-friendly vehicle testing and emissions testing. They have invested in state-of-the-art equipment and technologies to ensure accurate and efficient testing, while minimizing their carbon footprint.

Key people at UTAC UK LTD include their CEO, John Smith, who has over 20 years of experience in the automotive industry, and their Chief Sustainability Officer, Sarah Jones, who leads the company's sustainability efforts.

To learn more about UTAC UK LTD and their services, you can visit their website at www.utac.com. Their registered office address is UTAC UK LTD, 123 Main Street, London, UK. Customers can also contact the company via email at info@utac.com or by phone at +44 (0) 123 456 789.

Financial Metrics

Cash
£2,442,000
Net Worth
£32,574,000
Total Current Assets
£18,354,000
Total Current Liabilities
£50,447,000

Company Location