KOSTAL UK LIMITED
Company Information
- Company Number
- 02481321
- Registered Address
- The Balance Pinfold Street, Suite 6f, Sheffield, England, S1 2GU
- Status
- Active
- Employee Count
- 13
- Turnover
- £3,216,000
- EBITDA
- £944,000
Additional Details
- Website
- https://kostal.com
- Company Type
- Private limited Company
- Incorporated On
- 14 March 1990
- Nature of Business
- 45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Raw Materials And Intermediate Goods, Road Travel
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
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 2019 - 31 Dec 2019 | 12 Feb 2020 | 42 | 56% | 36% | 7% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 40 | 49% | 43% | 8% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 40 | 52% | 35% | 13% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 40 | 45% | 44% | 11% | 30% |
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
Kostal UK Ltd. pays all its supplier in line with the agreed payment terms, using the baseline date stated on received, undisputed invoices.
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
90
Dispute Resolution Process
If at any time questions, disputes or differences arise, the parties are obliged to escalate the dispute to senior representatives of the parties who shall use their reasonable endeavours to resolve the dispute in good faith. On the side of Kostal UK the highest point of escalation would be the Purchasing Exec Manager.
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.
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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.
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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
KOSTAL UK LIMITED is a leading supplier of automotive and industrial electronics in the United Kingdom. They offer a wide range of products and services, including control units, sensors, and actuators for various industries.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing energy consumption, waste production, and carbon emissions. KOSTAL UK LIMITED also uses sustainable materials in their products and promotes recycling and responsible disposal of their products.
Their key products include control units for electric vehicles, electronic control modules for engines, and sensors for advanced driver assistance systems. These products are designed to improve vehicle efficiency and reduce emissions, contributing to a greener environment.
KOSTAL UK LIMITED is led by a team of experienced professionals, including Managing Director, Patrick McCarney, and Operations Director, Steve Phillips. They also have a highly skilled workforce that is committed to delivering high-quality products and services to their customers.
Their registered office address is KOSTAL UK LIMITED, 1500, Avenue 5, The Crescent, Birmingham Business Park, Birmingham, B37 7YE. The company's website, www.kostal.com/uk, provides detailed information about their products, services, and sustainability initiatives. Customers can also contact them directly through their website for any inquiries or support.
