FORD TECHNOLOGIES LIMITED

PaymentCheck Score 2025
36Poor
1.8vs last year
#4239 in UK
#300 in East of England

Company Information

Company Number
04850367
Registered Address
Dunton Technical Centre, Laindon, Basildon, Essex, SS15 6EE
Status
Active
Employee Count
26
Turnover
£514,326,000
EBITDA
£41,532,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 July 2003
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
East of England

Time to Pay

Average Time to Pay
61 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
0%
31-60 Days
76%
After 60 Days
23%
Not Paid Within Terms5%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 2025620%58%42%6%
01 Jul 2024 - 31 Dec 202430 Jan 2025601%55%44%6%
01 Jan 2024 - 30 Jun 202429 Jul 2024610%76%23%5%
01 Jul 2021 - 31 Dec 202128 Jan 2022680%77%23%7%
01 Jan 2021 - 30 Jun 202127 Jul 2021580%83%17%3%
01 Jan 2019 - 30 Jun 201925 Jul 2019601%51%48%18%

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

45 ± 3 days or 60 ± 3 days depending on goods/services purchased

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

90

Dispute Resolution Process

Described in Supplier Web Portal. In line with Ford’s ‘Dispute Resolution Web Guide’ - The process is, in general terms, negotiation between the parties, followed by non-binding, third-party mediation, and then litigation. The parties may, however, agree to arbitration after the initial negotiation period.

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

FORD TECHNOLOGIES LIMITED is a leading technology company that specializes in providing innovative and sustainable solutions in the automotive industry. The company was founded in 1903 and is headquartered in Dearborn, Michigan, USA.

The company's sustainability program is focused on reducing its environmental impact through various initiatives such as developing electric and hybrid vehicles, using eco-friendly materials in their manufacturing process, and implementing energy-efficient practices in their facilities. Additionally, FORD TECHNOLOGIES LIMITED is committed to promoting diversity and inclusion within the company and in the communities they operate in.

The company's main products and services include the production of cars, trucks, and SUVs, as well as automotive parts and accessories. FORD TECHNOLOGIES LIMITED also offers a range of advanced technologies such as autonomous driving systems, connectivity features, and smart mobility solutions.

The key people at FORD TECHNOLOGIES LIMITED include CEO Jim Farley, Executive Chairman Bill Ford, and Chief Operating Officer Jim Hackett. Together, they lead a team of over 190,000 employees worldwide.

For more information on FORD TECHNOLOGIES LIMITED and its products and services, you can visit their website at www.ford.com. The company's registered office address is One American Road, Dearborn, MI 48126, USA.

Financial Metrics

Cash
£1,283,000
Net Worth
£1,669,040,000
Total Current Assets
£98,627,000
Total Current Liabilities
£134,417,000

Company Location