HYUNDAI MOTOR UK LIMITED

PaymentCheck Score 2023
97Excellent
New Entry
#314 in UK
#16 in Travel And Transportation
#56 in South East

Company Information

Company Number
05446560
Registered Address
Ground Floor, Birchwood Building Springfield Drive, Leatherhead, Surrey, United Kingdom, KT22 7LP
Status
Active
Employee Count
182
Turnover
£2,221,819,000
EBITDA
£55,772,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 May 2005
Nature of Business
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
11 days
Shortest Period:3 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
95%
31-60 Days
4%
After 60 Days
1%
Not Paid Within Terms5%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2024-04-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2023 - 31 Dec 202322 Apr 20241195%4%1%5%
01 Jul 2018 - 31 Dec 201821 Jan 20193175%17%8%48%
01 Jan 2018 - 30 Jun 201826 Jul 20183072%21%7%52%

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

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

A complaint or concern will be considered by the finance department, within 48hrs of receiving and next steps laid out in the email reply.

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

HYUNDAI MOTOR UK LIMITED is a leading automotive company in the United Kingdom, with a strong commitment to sustainability and providing high-quality products and services to its customers. The company is a subsidiary of the global company Hyundai Motor Company, based in South Korea.

As part of its sustainability program, HYUNDAI MOTOR UK LIMITED aims to reduce its environmental impact and promote sustainable practices throughout its operations. The company has implemented various initiatives, such as using renewable energy sources, reducing waste and emissions, and promoting eco-friendly driving through its Blue Drive technology.

HYUNDAI MOTOR UK LIMITED offers a wide range of products and services, including passenger cars, commercial vehicles, and fleet solutions. The company is known for its innovative and technologically advanced vehicles, such as the fully electric IONIQ and the hydrogen-powered NEXO. It also offers a comprehensive after-sales service, including maintenance, repairs, and genuine parts.

The key people at HYUNDAI MOTOR UK LIMITED include the Managing Director, Ashley Andrew, and the Director of Marketing and Product, Andrew Tracey. They lead a team of dedicated professionals who strive to provide customers with the best products and services.

For more information, customers can visit the company's website at www.hyundai.co.uk. The registered office address for HYUNDAI MOTOR UK LIMITED is 728 London Road, High Wycombe, Buckinghamshire, HP11 1HE. Overall, HYUNDAI MOTOR UK LIMITED is a reputable company that is committed to sustainability and delivering top-quality products and services to its customers in the UK.

Financial Metrics

Cash
£92,016,000
Net Worth
£135,715,000
Total Current Assets
£497,094,000
Total Current Liabilities
£368,259,000

Company Location