MERCEDES-BENZ UK LIMITED
Company Information
- Company Number
- 02448457
- Registered Address
- Delaware Drive, Tongwell, Milton Keynes, England, MK15 8BA
- Status
- Active
- Employee Count
- 447
- Turnover
- £3,241,653,000
- EBITDA
- £91,406,000
Additional Details
- Website
- https://benfor.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 1 December 1989
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles
- Industries
- Travel And Transportation
- 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 |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 24 | 80% | 17% | 3% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 23 | 82% | 15% | 3% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 23 | 89% | 8% | 3% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 30 | 78% | 14% | 8% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 24 | 86% | 12% | 2% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 22 | 87% | 11% | 2% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 23 | 84% | 14% | 2% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 23 | 81% | 16% | 3% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 16 | 91% | 9% | 1% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 17 | 92% | 8% | 0% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 16 | 96% | 4% | 0% | 2% |
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
93% of these invoices are with group companies, which are paid on average in 15 days. Standard payment terms for third party suppliers is the end of the following month of invoice receipt.
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
60
Dispute Resolution Process
Dispute Resolution Invoice disputes are investigated by our front office team in our Shared Service Centre in Cebu. The supplier is required to follow our purchase order terms and conditions. If the front office team are unable to resolve the dispute, the issue is then escalated by passing on the query to the local accounts payable team, who will work with the relevant business stakeholder to resolve. In order to ensure invoices are approved promptly, any invoices outstanding with an approver for more than 3 days are followed up by the local accounts payable function to ensure they are dealt with.
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
Mercedes-Benz UK Limited is a subsidiary of Daimler AG, a global automotive company known for its luxury vehicles. The company was established in 1902 and has become a leader in the automotive industry, with a strong focus on sustainability and innovation.
The company's sustainability program, called "Sustainable Business," aims to reduce its environmental impact and promote responsible business practices. This includes implementing eco-friendly production processes, using renewable materials, and supporting community projects. The company has also set ambitious targets to reduce its carbon footprint and increase the use of electric and hybrid vehicles in its fleet.
Mercedes-Benz UK offers a wide range of products and services, including cars, vans, and trucks. The company is known for its high-quality, luxury vehicles, such as the S-Class and C-Class models. It also offers a range of electric and hybrid vehicles, including the popular EQC SUV.
The key people at Mercedes-Benz UK include their Managing Director, Gary Savage, and their Executive Director of Sales and Marketing, David George. They lead a team of over 1,000 employees at the company's registered office in Tongwell, Milton Keynes.
To contact Mercedes-Benz UK, individuals can visit their website at www.mercedes-benz.co.uk or call their customer service line at 0800 133 355. The company's registered office address is Tongwell, Milton Keynes, MK15 8BA.
In summary, Mercedes-Benz UK Limited is a leading automotive company with a strong focus on sustainability and innovation. They offer a range of luxury and electric vehicles and are committed to reducing their environmental impact. Through their Sustainable Business program, they aim to create a more sustainable future for their customers and the community.
