HYSTER-YALE UK LIMITED
Company Information
- Company Number
- 02636775
- Registered Address
- Centennial House Building 4.5, Frimley Business Park, Frimley, Surrey, GU16 7SG
- Status
- Active
- Employee Count
- 1,079
- Turnover
- £574,542,000
- EBITDA
- £18,303,000
Additional Details
- Website
- https://hyster-yale.com
- Company Type
- Private limited Company
- Incorporated On
- 12 August 1991
- Nature of Business
- 28220 - Manufacture of lifting and handling equipment
- Industries
- Manufacturing
- 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 | 25 Jul 2025 | 42 | 29% | 61% | 10% | 29% |
| 01 Jul 2024 - 31 Dec 2024 | 09 Jan 2025 | 40 | 32% | 57% | 11% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 44 | 21% | 66% | 13% | 32% |
| 01 Jul 2023 - 31 Dec 2023 | 14 Jan 2024 | 38 | 41% | 47% | 12% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 38 | 39% | 50% | 11% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 37 | 42% | 46% | 12% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 50 | 37% | 49% | 14% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 39 | 39% | 49% | 12% | 29% |
| 01 Jun 2021 - 30 Jun 2021 | 26 Jul 2021 | 39 | 36% | 52% | 12% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Jan 2021 | 38 | 43% | 43% | 14% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 37 | 39% | 52% | 9% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 36 | 47% | 44% | 8% | 27% |
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
Nett 45 days, being end of month following invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Our processes and finance system does not enable capture of invoice receipt date, therefore the base date for the purposes of calculating the Payment Statistics is the invoice date. Invoice date will normally be earlier than invoice receipt date, consequently we recognise the Payment Statistics reported are adversely impacted by this. Our payment runs are monthly, taking place in the first week of a month. When calculating the Payment Statistics we have assumed our suppliers will receive cleared funds in their bank account four working days after the first working day of a month.
Maximum contractual payment period agreed
150
Dispute Resolution Process
A dispute or concern regarding invoices and payment should be made to the Accounts Payables department who will be able to advise further. When an invoice dispute is received, it should if possible be resolved at point of contact with the Accounts Payable team. If this is not possible the query will be escalated to the business contact and a relevant senior finance contact if necessary. For contractual disputes, not related to payment date enquiries, suppliers should follow the procedure contractually agreed with the business contact who ordered the good or service provided.
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
HYSTER-YALE UK LIMITED is a leading global manufacturer and supplier of materials handling equipment, with a strong commitment to sustainability. The company offers a wide range of products and services, including forklift trucks, warehouse equipment, and fleet management solutions.
Their sustainability program focuses on reducing their environmental impact, promoting social responsibility, and ensuring economic sustainability. This includes implementing energy-efficient practices, reducing waste and emissions, and promoting diversity and inclusion in their workforce.
The company's key people include managing director, Peter Armstrong, and sustainability director, David Rowell. Both are dedicated to driving the company's sustainability efforts and ensuring its continued success.
HYSTER-YALE UK LIMITED can be contacted through their website, where customers can also find information on their products, services, and sustainability initiatives. The company's registered office address is located at Unit 1, 5 Fleetwood Road, Holbrook Industrial Estate, Sheffield, S20 3FG.
