TOYOTA MOTOR MANUFACTURING (UK) LIMITED
Company Information
- Company Number
- 02352348
- Registered Address
- Burnaston, Derby, DE1 9TA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 February 1989
- Nature of Business
- 29100 - Manufacture of motor vehicles
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for TOYOTA MOTOR MANUFACTURING (UK) LIMITED is 34 days, indicating that payments typically fall just outside a standard 30-day term. A consistent distribution sees 48% paid within 30 days and an equal 48% paid between 31-60 days, suggesting a predictable two-tier payment cycle. This stable pattern shows most payments are resolved within 60 days, with minimal deviation beyond.
Volatility Analysis
While 96% of payments occur within 60 days, the 9% late payment rate introduces a moderate degree of unpredictability for suppliers expecting timely settlement. A small but significant 4% of payments extending beyond 60 days poses a minor long-tail risk. The even split between payments within 30 days and 31-60 days means that prompt payment is not guaranteed, requiring careful cash flow management.
Summary Analysis
Overall, TOYOTA MOTOR MANUFACTURING (UK) LIMITED presents a generally acceptable payment profile, though suppliers should anticipate payments averaging 34 days rather than strict 30-day terms. Key decision factors include the supplier's capacity to manage cash flow around a 30-60 day payment window and tolerance for a 9% late payment rate. To mitigate risk, suppliers should account for the average payment time in their financial planning and potentially negotiate terms reflecting their dominant payment habits.
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 2025 - 30 Sept 2025 | 31 Oct 2025 | 35 | 48% | 49% | 3% | 6% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 29 | 66% | 31% | 3% | 7% |
| 01 Apr 2023 - 30 Sept 2023 | 01 Nov 2023 | 29 | 60% | 38% | 2% | 6% |
| 01 Oct 2022 - 31 Mar 2023 | 02 May 2023 | 31 | 61% | 35% | 4% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 18 Oct 2022 | 28 | 62% | 37% | 1% | 6% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 27 | 63% | 35% | 2% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 28 | 64% | 33% | 3% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 22 Oct 2019 | 31 | 65% | 31% | 4% | 21% |
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
TMUK shall pay the invoice in line with global netting and shall be paid no later than the twenty seventh day of the month following the month in which the invoice was received.
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
57
Dispute Resolution Process
Dispute Resolution Process: Where the Price or any part of it is disputed by the Buyer in good faith, the Buyer will provide the Supplier with a statement of the amount in dispute or, if the Buyer has self-billed, the Supplier shall provide the Buyer with a statement of the amount in dispute together with a list of any invoices which remain outstanding and have yet to be resolved on or before the fifteenth day of the Month. The Supplier and the Buyer shall seek to resolve the dispute in good faith, in accordance with the escalation procedure set out and in any event within 3 months of the date of the invoice. The Buyer shall not be obliged to pay any sums due to the Supplier until any dispute in relation to any invoices is resolved. Escalation: - Any dispute arising out of or in connection with the Contract which is stated to be required to be resolved by the escalation procedure shall be resolved as follows: (a) the parties shall refer the dispute to their Managing Directors; (b) if the Managing Directors fail to resolve the dispute within 21 days of referral then either party will be entitled to take such proceedings as they wish. For the avoidance of doubt, the parties' obligations under this Contract shall not be affected as a result of any matter being dealt with under the escalation procedure as set out in this Condition. - Nothing in this Condition shall prevent either party applying to court for injunctive or other interim relief.
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
TOYOTA MOTOR MANUFACTURING (UK) LIMITED is an active private limited company. Its name indicates its core business involves the manufacturing of motor vehicles.
Incorporated on 24 February 1989, the company holds the registration number 02352348 and is currently active. Its registered office is located at Burnaston, Derby, DE1 9TA, within the East Midlands region.
Companies operating in the motor manufacturing sector typically specialise in the design, engineering, and assembly of vehicles. This often includes producing components, assembling complete cars, and undertaking quality control processes for the UK and international markets.
