APTIV SERVICES UK LIMITED

PaymentCheck Score 2020
22Very Poor
New Entry
#4822 in UK
#259 in Road Travel
#271 in Yorkshire and The Humber

Company Information

Company Number
02860799
Registered Address
1 Park Row, Leeds, United Kingdom, LS1 5AB
Status
Active
Employee Count
80
Turnover
£79,110,000
EBITDA
-£5,742,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 October 1993
Nature of Business
29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Road Travel
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
63 days
Shortest Period:90 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
3%
31-60 Days
60%
After 60 Days
37%
Not Paid Within Terms46%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-02-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202016 Feb 2021633%60%37%46%
01 Jan 2020 - 30 Jun 202030 Jul 2020931%50%49%49%
01 Jul 2019 - 31 Dec 201931 Jan 2020951%28%71%55%

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 payment terms are Net 90 days. Other payment terms may be agreed based on historical trading relationships, available settlement discounts, or standard industry practice for particular supplies or circumstances.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

If a supplier has any disputes or concerns regarding any aspect of our payment process, their first contact would be the Supplier Centre of Excellence. When the nature of the issue has been determined, the issue will be directed to the purchasing or logistics department. The aim of any conversation is always to resolve any issue in a timely and collaborative manner, in order to maintain a good working relationship. If those involved are unable to find a solution, then the issue would be escalated appropriately within the business.

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

APTIV SERVICES UK LIMITED is a British company that provides innovative technology solutions to the automotive industry. The company is committed to sustainability and has a strong focus on reducing the environmental impact of its operations.

The company offers a wide range of products and services including advanced driver assistance systems, connectivity solutions, and electric vehicle components. These products and services are designed to make vehicles safer, more efficient, and more sustainable.

At the helm of APTIV SERVICES UK LIMITED is CEO David M. Sherbin. The company has a team of highly skilled and experienced professionals who are dedicated to delivering high-quality products and services to its customers.

APTIV SERVICES UK LIMITED has a strong sustainability program in place, which includes initiatives to reduce waste, conserve energy, and promote sustainable practices throughout its supply chain. The company also works closely with its customers to develop products that are environmentally friendly and meet the highest standards of sustainability.

The company's registered office address is located at Delphi Technical Center, Gillingham, ME8 0SB, United Kingdom. Customers can also visit the company's website at www.aptiv.com for more information on its products, services, and sustainability efforts. With its commitment to sustainability and innovative technology solutions, APTIV SERVICES UK LIMITED continues to be a leader in the automotive industry.

Financial Metrics

Cash
£0
Net Worth
-£45,947,000
Total Current Assets
£23,873,000
Total Current Liabilities
£82,453,000

Company Location