LEYLAND TRUCKS LIMITED
Company Information
- Company Number
- 02814092
- Registered Address
- 9400 Garsington Road, Oxford Business Park, Oxford, OX4 2HN
- Status
- Active
- Employee Count
- 897.0
- Turnover
- 952344000.0
- EBITDA
- 29260000.0
Additional Details
- Website
- https://daftrucks.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 April 1993
- Nature of Business
- 29100 - Manufacture of motor vehicles
- Industries
- Travel And Transportation
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 26 | 72% | 27% | 1% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Aug 2023 | 26 | 72% | 27% | 1% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 26 | 74% | 25% | 1% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 25 | 74% | 23% | 3% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 24 | 75% | 24% | 1% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 25 | 73% | 27% | 0% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 24 | 75% | 25% | 0% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 25 | 73% | 27% | 0% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 25 | 73% | 27% | 0% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 24 | 75% | 25% | 0% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 24 | 77% | 22% | 1% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 26 | 70% | 29% | 1% | 35% |
Company Summary
Leyland Trucks Limited is a British commercial vehicle manufacturing company, headquartered in Leyland, Lancashire
It was founded in 1896 and is now a subsidiary of the global truck and bus maker, PACCAR Inc
The company specializes in the production of medium and heavy-duty trucks for a wide range of industries including construction, distribution, and waste management
Their product line includes the DAF LF, CF, and XF models, which are known for their high quality, reliability, and fuel efficiency
Leyland Trucks Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact
This includes the use of alternative fuels, such as compressed natural gas and biofuels, in their vehicles, as well as the development of electric and hybrid trucks
They also have a recycling program for end-of-life vehicles and use eco-friendly materials in their manufacturing process
The key people at Leyland Trucks Limited include the Managing Director, Brennan Gourdie, and the Director of Manufacturing Operations, Rob Harrison
Both have extensive experience in the automotive industry and are dedicated to driving the company's success
To contact Leyland Trucks Limited, individuals can visit their website at www.leylandtrucks.com, where they can find information on their products, services, and sustainability efforts
The company's registered office address is Leyland Trucks Limited, Croston Road, Leyland, Lancashire, PR26 6LZ, United Kingdom
In summary, Leyland Trucks Limited is a leading British commercial vehicle manufacturer, known for its high-quality and sustainable products
With a strong focus on environmental responsibility and a team of experienced leaders, the company continues to innovate and provide reliable solutions for various industries
Company Review
Trend Analysis
The average time for LEYLAND TRUCKS LIMITED to pay invoices has remained relatively consistent over the past three periods, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has also remained consistent, while the percentage of invoices paid between 31 and 60 days has decreased slightly and the percentage of invoices paid later than 60 days has remained consistently low. However, there has been an increase in the percentage of invoices not paid within agreed terms in the most recent period.
Volatility Analysis
The average time to pay has fluctuated by only 1 day over the past three periods, indicating relatively low volatility. The percentage of invoices paid within 30 days has fluctuated between 73% and 75%, also showing low volatility. The percentage of invoices paid between 31 and 60 days has fluctuated between 23% and 27%, while the percentage of invoices paid later than 60 days has remained consistently low at 1%. The percentage of invoices not paid within agreed terms has fluctuated between 10% and 20%, indicating slightly higher volatility in this area.
Summary Analysis
From Jan 2018 to Jun 2021, LEYLAND TRUCKS LIMITED has maintained a consistent average time to pay of 25 days, with a slight increase to 26 days in the most recent period. The company has consistently paid the majority of invoices within 30 days, with percentages ranging from 70% to 77%. The percentage of invoices paid between 31 and 60 days has decreased slightly over the past three periods, while the percentage of invoices paid later than 60 days has remained consistently low at 1%. However, the percentage of invoices not paid within agreed terms has increased in the most recent period, reaching 20%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Where agreed contractually or otherwise with a supplier, invoices are set off with receivables and payments made for a net figure.
Maximum contractual payment period agreed
90
Dispute Resolution Process
If an invoice is disputed then payment is held and referral is made to the relevant requisitioning department and they will seek to resolve with the supplier.
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?
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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
