MAN TRUCK AND BUS UK LIMITED

PaymentCheck Score 2021
83Good
New Entry
#1616 in UK
#69 in Travel And Transportation
#75 in South West

Company Information

Company Number
02688514
Registered Address
Frankland Road, Blagrove, Swindon, Wiltshire, SN5 8YU
Status
Active
Employee Count
893
Turnover
£570,568,000
EBITDA
£97,718,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 February 1992
Nature of Business
45190 - Sale of other motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
South West

Time to Pay

Average Time to Pay
28 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
82%
31-60 Days
14%
After 60 Days
4%
Not Paid Within Terms22%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202128 Jul 20212882%14%4%22%
01 Jan 2019 - 30 Jun 201929 Jul 20191398%2%0%4%
01 Jan 2018 - 30 Jun 201827 Jul 20181298%2%0%5%

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

Standard contractual terms for trade goods and services -30 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

60

Dispute Resolution Process

First point of contact for disputes is Accounts Payable Shared Services Centre in Poland. When an invoice is disputed, the supplier will receive an email indicating the invoice number and reason for rejection. To resolve a dispute the supplier is required to provide any missing information or a corrected invoice. The PO number is communicated by the business at the time the order is placed.

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

MAN Truck and Bus UK Limited is a leading commercial vehicle manufacturer and provider of transport solutions in the United Kingdom. The company is a subsidiary of the German-based MAN Truck and Bus AG and has been operating in the UK since 1987.

The company offers a wide range of products and services, including trucks, buses, coaches, and vans, as well as aftersales support and financing solutions. They are committed to sustainability and have implemented various measures to reduce their environmental impact, such as developing fuel-efficient vehicles and promoting the use of alternative fuels.

Their sustainability program also includes initiatives to reduce emissions, promote recycling and waste reduction, and support local communities. MAN Truck and Bus UK Limited has been recognized for their efforts in sustainability, receiving several awards and certifications.

The company is led by a team of experienced professionals, including Managing Director Thomas Hemmerich and Head of Aftersales Services Robert Grozdanovski. They also have a network of dealers and service centers across the UK, providing customers with convenient access to their products and services.

For more information, visit their website at www.mantruckandbus.co.uk or contact their registered office at 1 Elstree Way, Borehamwood, Hertfordshire, WD6 1SD. MAN Truck and Bus UK Limited is committed to offering sustainable transport solutions and continues to innovate and improve their products and services to meet the evolving needs of their customers.

Financial Metrics

Cash
£13,000
Net Worth
£119,302,000
Total Current Assets
£265,984,000
Total Current Liabilities
£173,572,000

Company Location