LEASYS UK LTD

PaymentCheck Score 2024
91Excellent
8.4vs last year
#1001 in UK
#14 in Supply Chain
#167 in South East

Company Information

Company Number
03385187
Registered Address
250 Bath Road, Slough, SL1 4DX
Status
Active
Employee Count
24
Turnover
£52,009,000
EBITDA
£60,494,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 June 1997
Nature of Business
77110 - Renting and leasing of cars and light motor vehicles
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
21 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
8%
After 60 Days
9%
Not Paid Within Terms24%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20251588%7%5%21%
01 Jul 2023 - 31 Dec 202331 Jan 20242182%9%9%24%
01 Jan 2023 - 30 Jun 202331 Jul 20233075%12%13%29%
01 Jan 2022 - 30 Jun 202229 Jul 20222180%13%7%19%
01 Jul 2021 - 31 Dec 202128 Jan 20222181%12%7%18%
01 Jan 2021 - 30 Jun 202129 Jul 20212281%11%8%18%
01 Jul 2019 - 31 Dec 201931 Jan 20201885%11%4%13%

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

Leasys UK Ltd does not have standard payment terms. Payment terms are agreed with suppliers at inception of the contract. The most common terms are 7 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

30

Dispute Resolution Process

Leasys UK Ltd's dispute resolution process: All queries are routed in the first instance via the company's central Accounts Payable mailbox. The Accounts Payable department liaises with suppliers and internal stakeholders in order to resolve open queries and disputes.

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

LEASYS UK LTD is a leading automotive company that offers a wide range of sustainable mobility solutions. They are committed to providing innovative and eco-friendly products and services to their customers.

Their sustainability program focuses on reducing their carbon footprint by promoting the use of electric and hybrid vehicles. They also offer car sharing and rental services, reducing the need for individual car ownership and promoting a more sustainable mode of transportation.

The company's key people include their CEO, Alberto Grippo, who has over 20 years of experience in the automotive industry. Their team also includes experts in electric and hybrid vehicles, as well as sustainability and environmental management.

LEASYS UK LTD's website (https://www.leasys.com/uk/en) provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is at 240 Bath Road, Slough, SL1 4DX, United Kingdom.

In summary, LEASYS UK LTD is a pioneering company in the automotive industry, dedicated to promoting sustainable mobility through their innovative products and services. With a strong focus on reducing their environmental impact, they are leading the way towards a greener future.

Financial Metrics

Cash
£6,656,000
Net Worth
£69,913,000
Total Current Assets
£41,669,000
Total Current Liabilities
£211,344,000

Company Location