SAI AUTOMOTIVE FRADLEY LTD
Company Information
- Company Number
- 02433456
- Registered Address
- 5th Floor, 20 Fenchurch Street, London, England, EC3M 3BY
- Status
- Active
- Employee Count
- 384.0
- Turnover
- 97758000.0
- EBITDA
- 3591000.0
Additional Details
- Website
- https://faurecia.com
- Company Type
- Private limited Company
- Incorporated On
- 17 October 1989
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Travel And Transportation
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 66 | 13% | 37% | 50% | 0% |
Company Summary
SAI Automotive Fradley Ltd is a UK-based company that specializes in the manufacturing and supply of automotive components
The company is committed to sustainability and has implemented various measures to reduce its environmental impact
Their sustainability program includes initiatives such as recycling, energy efficiency, and waste reduction
They also source materials from sustainable and ethical suppliers
The company's main products include engine components, transmission components, and suspension components
They cater to various automotive brands and have a strong reputation for providing high-quality products
The company is led by a team of experienced and knowledgeable individuals, including the Managing Director, Andrew Lewis, and the Operations Director, Helen Mitchell
They are dedicated to driving the company's growth while maintaining its commitment to sustainability
SAI Automotive Fradley Ltd can be contacted through their website, which provides information about their products and services, as well as their sustainability efforts
The registered office address is Unit 3, Fradley Distribution Park, Common Lane, Fradley Park, Lichfield, Staffordshire, WS13 8NQ
In conclusion, SAI Automotive Fradley Ltd is a leading automotive component manufacturer that prioritizes sustainability and offers high-quality products to its clients
With a dedicated team and a strong commitment to environmental responsibility, the company is poised for continued success in the industry
Company Review
Trend Analysis
The average time to pay for SAI AUTOMOTIVE FRADLEY LTD has increased from 66 days in Jul 2023 to 66 days in Dec 2023, with an overall trend of no change.
Volatility Analysis
The company's average time to pay has remained stable with no significant fluctuations during the three periods.
Summary Analysis
In Jul 2023, SAI AUTOMOTIVE FRADLEY LTD took an average of 66 days to pay invoices to suppliers. During this period, 13% of invoices were paid within 30 days, 37% were paid between 31 and 60 days, and 50% were paid later than 60 days. The remaining 0% of invoices were not paid within agreed terms. The shortest (or only) standard payment period was 15 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payments to suppliers are often mandated by our final customer due to the business that we operate in. They also vary widely depending on the service provided by the supplier and if there are any specific terms agreed with suppliers.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
SAI Automotive Fradley UK Ltd is part of the wider Faurecia Group (which, along with Hella, forms the FORVIA Group) and is fully committed to paying all supplier invoices within the agreed payment terms period. It is essential for suppliers to provide correct PO's and to follow the Groups' invoicing rules to ensure there are no delays to payment of invoices.
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
