NISSAN TRADING EUROPE LIMITED

PaymentCheck Score 2024
57Fair
1.1vs last year
#3923 in UK
#258 in Travel And Transportation
#74 in North East

Company Information

Company Number
02461565
Registered Address
C/O Nissan Motor Manufacturing, Uk Ltd Washington Road, Sunderland, Tyne & Wear, SR5 3NS
Status
Active
Employee Count
47
Turnover
£230,472,000
EBITDA
£3,258,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 January 1990
Nature of Business
45111 - Sale of new cars and light motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
North East

Time to Pay

Average Time to Pay
42 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
26%
31-60 Days
66%
After 60 Days
8%
Not Paid Within Terms2%

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: 2024-04-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2023 - 31 Mar 202424 Apr 20244223%67%10%2%
01 Apr 2023 - 31 Oct 202324 Apr 20244226%66%8%2%
01 Apr 2018 - 30 Sept 201801 Nov 20184027%59%13%3%

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

Our usual payment terms are end of month + 1 month. Intercompany terms with head office differ based on business type. This can be 30 days, 60 days, 90 days, 120 days.

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

120

Dispute Resolution Process

Any payment query we have would be dealt with by our operations department (escalated to management if needed) in order to solve the query. Queries would usually be resolved within 1-2 weeks of the issue been identified but this is reliant upon the cooperation of the supplier and the complexity of the case,

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

Nissan Trading Europe Limited is a subsidiary of Nissan Motor Co., Ltd. that specializes in global logistics and trading activities. The company is based in the United Kingdom and has been in operation since 1971.

As part of their sustainability program, Nissan Trading Europe Limited has implemented various measures to reduce their environmental impact. This includes using eco-friendly packaging materials, implementing energy-efficient practices, and promoting the use of electric vehicles in their operations.

The company offers a wide range of products and services, including logistics, trading, and supply chain management solutions. They work closely with their customers to understand their needs and provide tailored solutions that meet their requirements.

Key people at Nissan Trading Europe Limited include Managing Director Toshiaki Nishimura and President Shuichi Morita. They lead a team of experienced professionals who are dedicated to delivering high-quality services to their clients.

To contact Nissan Trading Europe Limited, individuals can visit their website at www.nissantradingeurope.com. The company's registered office address is located at 1st Floor, The Rivers Office Park, Denham Way, Rickmansworth, Hertfordshire, WD3 9YS, United Kingdom.

In summary, Nissan Trading Europe Limited is a reputable company that offers sustainable logistics and trading solutions to their clients. With a focus on environmental responsibility and customer satisfaction, they continue to be a leader in the global trading industry.

Financial Metrics

Cash
£4,545,690
Net Worth
£50,753,869
Total Current Assets
£97,306,994
Total Current Liabilities
£46,924,007

Company Location