JTEKT AUTOMOTIVE ENGLAND LTD
Company Information
- Company Number
- 02469122
- Registered Address
- Jtekt Automotive England Ltd Elmhirst Lane, Silkstone, Barnsley, England, S75 4LD
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 February 1990
- Nature of Business
- 28150 - Manufacture of bearings, gears, gearing and driving elements
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
JTEKT AUTOMOTIVE ENGLAND LTD exhibits a predominantly prompt payment trend, with an average payment time of 25 days. A substantial 79% of invoices are settled within 30 days, indicating a consistent pattern of timely processing for the majority of transactions. This demonstrates a generally positive trajectory regarding payment speed and reliability over time.
Volatility Analysis
Despite overall promptness, 27% of payments are classified as late, introducing a notable level of unpredictability for some supplier invoices. Approximately one-fifth of payments (18%) fall into the 31-60 day bracket, with a further 3% extending beyond 60 days, signaling potential for significant delays. This distribution suggests that while prompt payments are common, there is a discernible risk of prolonged payment cycles for a segment of transactions.
Summary Analysis
JTEKT AUTOMOTIVE ENGLAND LTD presents as a generally reliable payer, with strong performance in settling the majority of invoices promptly. Suppliers should factor in the 27% late payment rate, preparing for potential delays on a significant minority of invoices, with a small fraction becoming very late. It is advisable to monitor payment terms closely and perhaps include buffer periods in cash flow planning for this customer.
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 | 04 Nov 2025 | 25 | 79% | 18% | 3% | 27% |
| 01 Oct 2024 - 31 Mar 2025 | 02 Jul 2025 | 25 | 82% | 15% | 3% | 23% |
| 01 Apr 2024 - 30 Sept 2024 | 18 Nov 2024 | 25 | 79% | 18% | 3% | 26% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Jun 2024 | 27 | 77% | 20% | 3% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 24 | 77% | 20% | 3% | 30% |
| 01 Oct 2022 - 31 Mar 2023 | 21 Jun 2023 | 27 | 75% | 22% | 3% | 32% |
| 01 Apr 2022 - 30 Sept 2022 | 17 Nov 2022 | 33 | 72% | 23% | 5% | 33% |
| 01 Oct 2021 - 31 Mar 2022 | 05 Aug 2022 | 31 | 64% | 28% | 8% | 39% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 34 | 59% | 31% | 10% | 41% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Jul 2021 | 31 | 63% | 33% | 4% | 38% |
| 01 Apr 2020 - 30 Sept 2020 | 09 Feb 2021 | 32 | 65% | 25% | 10% | 37% |
| 01 Oct 2019 - 31 Mar 2020 | 29 May 2020 | 31 | 53% | 42% | 5% | 46% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Nov 2019 | 29 | 64% | 33% | 3% | 37% |
| 01 Oct 2018 - 30 Mar 2019 | 29 Apr 2019 | 32 | 57% | 37% | 6% | 41% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 36 | 43% | 49% | 8% | 52% |
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
It is the Company's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms exist based on agreements with certain suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would be escalated in the first instance to the relevant Head Of Department to seek a resolution.
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.
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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
JTEKT AUTOMOTIVE ENGLAND LTD is an active private limited company
It operates within the automotive sector in England, as indicated by its company name
Incorporated on 12 February 1990, the company holds the registration number 02469122
Its registered office is situated at Jtekt Automotive England Ltd, Elmhirst Lane, Silkstone, Barnsley, England, S75 4LD
Companies within the automotive sector commonly specialise in the manufacture, supply, or distribution of vehicles, components, or associated services
This can encompass products such as powertrain parts, steering systems, bearings, or other crucial vehicle assemblies for the broader automotive industry
