TREK BICYCLE CORPORATION LIMITED
Company Information
- Company Number
- 02355933
- Registered Address
- 9 Sherbourne Drive, Tilbrook, Milton Keynes, MK7 8HX
- Status
- Active
- Employee Count
- 191
- Turnover
- £139,085,000
- EBITDA
- -£6,857,000
Additional Details
- Website
- https://stanscycles.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 6 March 1989
- Nature of Business
- 47640 - Retail sale of sports goods, fishing gear, camping goods, boats and bicycles47710 - Retail sale of clothing in specialised stores
- Industries
- Fashion, Road Travel, Sports
- Region
- South East
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 |
|---|---|---|---|---|---|---|
| 29 Dec 2024 - 21 Jun 2025 | 31 Jul 2025 | 40 | 47% | 33% | 20% | 32% |
| 31 Dec 2023 - 22 Jun 2024 | 10 Jul 2024 | 42 | 31% | 38% | 31% | 53% |
| 25 Jun 2023 - 30 Dec 2023 | 31 Jan 2024 | 36 | 57% | 30% | 13% | 82% |
| 01 Jan 2023 - 24 Jun 2023 | 06 Sept 2023 | 80 | 30% | 27% | 43% | 35% |
| 02 Jan 2022 - 26 Jun 2022 | 04 Aug 2022 | 51 | 37% | 42% | 21% | 18% |
| 28 Jun 2020 - 02 Jan 2021 | 30 Jan 2021 | 55 | 44% | 29% | 28% | 38% |
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
TREK’S STANDARD PAYMENT TERMS ARE 60 DAYS (90 DAYS FOR INVENTORY)
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
150
Dispute Resolution Process
AP report is reviewed weekly and any invoices older than 60 days are actioned on suppliers basis. Invoices are reconciled based on the suppliers statements for key suppliers. Dedicated AP support is available. Remittance is provided up on payments and the contact details also there.
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
TREK BICYCLE CORPORATION LIMITED is a leading global company in the bicycle industry, known for its high-quality products and commitment to sustainability. Based in Waterloo, Wisconsin, the company was founded in 1976 by Richard Burke and Bevil Hogg, and has since grown into a multinational corporation with operations in over 90 countries.
The company offers a wide range of bicycles, including road, mountain, and electric bikes, as well as accessories and apparel. All of their products are designed and manufactured with sustainability in mind, using eco-friendly materials and production processes. They also have a take-back program for old bikes, which are then refurbished or recycled to reduce waste.
TREK BICYCLE CORPORATION LIMITED has a strong sustainability program, with a goal to become carbon neutral by 2025. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources in their manufacturing facilities and offices, and partnering with organizations to promote sustainable transportation.
The company's key people include John Burke, the current CEO and son of the founder, who has continued his father's legacy of promoting sustainability in the bicycle industry. They also have a team of experienced executives and designers, who are dedicated to creating innovative and sustainable products.
For more information on TREK BICYCLE CORPORATION LIMITED and their products and services, visit their website at www.trekbikes.com. Their registered office address is at 801 W. Madison Street, Waterloo, WI 53594, United States.
