Score of 82.8/100 qualifies for PaymentCheck Certification
| 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 2021 - 30 Jun 2021 | 28 Jul 2021 | 28 | 82% | 14% | 4% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 13 | 98% | 2% | 0% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 12 | 98% | 2% | 0% | 5% |
This information is as reported by the business, and responses are in their own words.
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
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.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.