PACCAR FINANCIAL PLC
Company Information
- Company Number
- 04160861
- Registered Address
- 9400 Garsington Road, Oxford Business Park, Oxford, OX4 2HN
- Status
- Active
- Employee Count
- 51
- Turnover
- £132,272,000
- EBITDA
- £49,669,000
Additional Details
- Website
- https://paccarfinancial.com/
- Company Type
- Public limited Company
- Incorporated On
- 15 February 2001
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 08 Jul 2025 | 19 | 90% | 9% | 1% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 09 Jan 2025 | 20 | 88% | 11% | 1% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 19 | 91% | 8% | 0% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 22 | 80% | 17% | 3% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 14 Feb 2023 | 21 | 92% | 6% | 2% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Aug 2022 | 21 | 73% | 20% | 7% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Feb 2022 | 24 | 71% | 20% | 9% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 24 | 72% | 23% | 5% | 8% |
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 from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
When agreed contractually or otherwise with a supplier, invoices are set off with receivables and payments are made for a net figure.
Maximum contractual payment period agreed
30
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.
❌
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
PACCAR FINANCIAL PLC is a financial services company based in the United Kingdom that specializes in providing financing solutions for customers who purchase trucks and other commercial vehicles from PACCAR Inc. The company was established in 1987 and has since become a leading provider of financial services in the commercial vehicle industry.
The company offers a range of financial products and services, including retail financing, commercial loans, and leasing options, to help customers acquire PACCAR vehicles. They also provide insurance and warranty programs to protect customers' investments. PACCAR FINANCIAL PLC prides itself on providing flexible and tailored financial solutions to meet the unique needs of each customer.
In addition to their financial services, PACCAR FINANCIAL PLC is committed to sustainability and corporate responsibility. They have implemented various initiatives to reduce their environmental impact, such as investing in energy-efficient technology and promoting eco-friendly practices within their operations. They also support their customers in adopting sustainable transportation practices through their financing options.
The company is led by a team of experienced and knowledgeable professionals, with Richard Zicchino serving as the Managing Director. Customers can contact PACCAR FINANCIAL PLC through their website, which also provides information on their products and services. The registered office address for PACCAR FINANCIAL PLC is located at PACCAR Financial PLC, Davy Avenue, Knowlhill, Milton Keynes, MK5 8HJ, United Kingdom. Overall, PACCAR FINANCIAL PLC is dedicated to providing quality financial solutions while promoting sustainability and responsible business practices.
