MAHLE POWERTRAIN LIMITED

Company Information

Company Number
03565155
Registered Address
Costin House, St James Mill Road, Northampton, NN5 5TZ
Status
Active
Employee Count
193
Turnover
£26,585,000
EBITDA
-£755,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 May 1998
Nature of Business
71121 - Engineering design activities for industrial process and production
71200 - Technical testing and analysis
Industries
Manufacturing, Raw Materials And Intermediate Goods, Road Travel
Region
East Midlands

Time to Pay

Average Time to Pay
57 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
18%
31-60 Days
52%
After 60 Days
30%
Not Paid Within Terms39%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-08-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20184919%60%21%35%

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

Unless otherwise stated in the order, MAHLE shall pay the price of goods and services within 30 days after the end of the month of receipt of a proper invoice or, if later, after acceptance of goods and services in question.

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

No information available

Any other information about payment terms

The company operates a weekly payment run , therefore it is usual for some invoices to fall due between payment dates. These invoices would therefore be included in this report as being settled outside of agreed terms.

Maximum contractual payment period agreed

90

Dispute Resolution Process

All invoices are handled by a central shared services Accounts Payable team. Invoices are processed via an automated workflow dependent on whether the invoice is for goods or services. Where it is not possible to approve an invoice due to incorrect pricing or quantity etc., the receiver of the workflow liases with the supplier to settle the dispute. The receiver then returns the dispute via the workflow process to the Accounts Payable team advising the outcome of the discussion 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.

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

MAHLE POWERTRAIN LIMITED is a leading engineering services provider based in Northampton, United Kingdom. The company specializes in engine development, testing and calibration services for the automotive industry.

Sustainability is a core focus for MAHLE POWERTRAIN LIMITED, as they offer a wide range of sustainable solutions for their customers. This includes developing and testing electric and hybrid powertrains, as well as implementing efficient and eco-friendly engine technologies.

Their products and services include engine design and development, testing and validation, as well as calibration and vehicle simulation. They also offer consultancy services to support their clients in achieving their sustainability goals.

Key people at MAHLE POWERTRAIN LIMITED include Managing Director, Andrew Williamson, and Technical Director, Nick Paige. They lead a team of highly skilled engineers and technicians who are dedicated to providing innovative and sustainable solutions for their clients.

MAHLE POWERTRAIN LIMITED can be contacted at their registered office address at Mahle Powertrain Ltd, Technology Centre, 40 Hurricane Way, Northampton, NN5 5QZ. Their website address is www.mahle-powertrain.com, where more information on their services and sustainability program can be found.

Financial Metrics

Cash
£0
Net Worth
£49,983,000
Total Current Assets
£19,190,000
Total Current Liabilities
£7,477,000

Company Location