LEONI WIRING SYSTEMS U.K. LIMITED

PaymentCheck Score 2024
63Fair
#3449 in UK
#197 in Road Travel
#168 in West Midlands

Company Information

Company Number
03918171
Registered Address
Lower Milehouse Lane, Newcastle, Staffordshire, ST5 9BT
Status
Active
Employee Count
348
Turnover
£264,361,000
EBITDA
-£5,166,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 January 2000
Nature of Business
29310 - Manufacture of electrical and electronic equipment for motor vehicles and their engines
70100 - Activities of head offices
Industries
Road Travel
Region
West Midlands

Time to Pay

Average Time to Pay
43 days
Shortest Period:14 days
Longest Period:365 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
47%
31-60 Days
42%
After 60 Days
11%
Not Paid Within Terms18%

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: 2025-04-16
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 202416 Apr 20254347%42%11%18%
01 Jan 2022 - 30 Jun 202201 Sept 20224243%43%14%24%
01 Jan 2021 - 30 Jun 202102 Aug 20214641%39%20%40%
01 Jan 2020 - 30 Jun 202003 Aug 20204046%39%15%40%
01 Jan 2019 - 30 Jun 201926 Jul 201911035%30%35%60%
01 Jul 2018 - 31 Dec 201828 Jan 20199443%28%29%43%
01 Jan 2018 - 30 Jun 201820 Jul 201810138%29%33%36%

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

30 days net for external suppliers, contractors 14 days, intercompany between 15 days and 365 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

365

Dispute Resolution Process

Accounts payable investigate and then assign queries to relevant personnel. Dispute resolution then conducted in house by assigned personnel. This is completed on a timely basis, suppliers may be contacted when appropriate.

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

LEONI Wiring Systems U.K. Limited is a leading manufacturer and supplier of wiring systems for the automotive industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes reducing energy consumption, waste and carbon emissions in their manufacturing processes. They also use sustainable materials in their products and promote recycling and responsible waste management.

The company offers a wide range of high-quality wiring systems for various vehicles, including cars, trucks, and commercial vehicles. Their products are known for their reliability, durability, and innovative design.

LEONI Wiring Systems U.K. Limited is led by a team of experienced and knowledgeable professionals who are dedicated to providing the best products and services to their customers. The key people include the Managing Director, Sales Director, and Head of Operations.

Their website, www.leoni-wiring.com, provides detailed information about their products and services, as well as their sustainability efforts. The registered office address is LEONI Wiring Systems U.K. Limited, 14 Apex Court, Woodlands, Bradley Stoke, Bristol, BS32 4JT, United Kingdom.

In conclusion, LEONI Wiring Systems U.K. Limited is a reputable company known for its commitment to sustainability and high-quality wiring systems. With a strong team and innovative products, they continue to be a leader in the automotive industry.

Financial Metrics

Cash
£2,644,000
Net Worth
-£7,685,000
Total Current Assets
£77,154,000
Total Current Liabilities
£41,515,000

Company Location