JUNGHEINRICH LIFT TRUCK FINANCE LIMITED

Company Information

Company Number
05836807
Registered Address
Sherbourne House, Sherbourne Drive Tilbrook, Milton Keynes, Buckinghamshire, MK7 8HX
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
-£20,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 June 2006
Nature of Business
64910 - Financial leasing
Industries
Travel And Transportation
Region
South East

Company Review

Trend Analysis

The data for JUNGHEINRICH LIFT TRUCK FINANCE LIMITED shows a steady increase in the average time to pay invoices over the past few years. In the first period (2018-07-01 to 2018-12-31), the company had an average time to pay of 0 days, indicating that invoices were paid on time. However, in the most recent period (2023-07-01 to 2023-12-31), the average time to pay has increased to 45.4 days, showing a significant delay in payment.

Volatility Analysis

There is a clear trend of increasing volatility in the data for JUNGHEINRICH LIFT TRUCK FINANCE LIMITED. In the first period (2018-07-01 to 2018-12-31), there was no variation in the average time to pay, with all invoices being paid on time. However, in the most recent period (2023-07-01 to 2023-12-31), there is a wide range in the average time to pay, with some invoices being paid on time and others being paid significantly later than the agreed terms.

Summary Analysis

Looking at the data for the past three periods, there has been a steady increase in the average time to pay for JUNGHEINRICH LIFT TRUCK FINANCE LIMITED. In the first period, all invoices were paid on time, but by the third period (2020-01-01 to 2020-06-30), the average time to pay had increased to 21.5 days. This trend continued in the most recent period (2023-07-01 to 2023-12-31), with the average time to pay reaching 45.4 days.

Performance Reports History

Reporting Period Filed: 2024-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202325 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202225 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202121 Jan 2022
01 Jan 2021 - 30 Jun 202126 Jul 2021
01 Jul 2020 - 31 Dec 202022 Jan 2021
01 Jan 2020 - 30 Jun 202027 Jul 2020
01 Jul 2019 - 31 Dec 201923 Jan 2020
01 Jan 2019 - 30 Jun 201916 Jul 2019
01 Jul 2018 - 31 Dec 201805 Mar 2019

Payment Time Trends

Payment Distribution Trends

Company Summary

JUNGHEINRICH LIFT TRUCK FINANCE LIMITED is a UK-based company that specializes in providing financial solutions for material handling equipment. They offer a wide range of products and services, including equipment financing, leasing, and rental options.

One of the key focuses of JUNGHEINRICH LIFT TRUCK FINANCE LIMITED is sustainability. The company is committed to promoting environmentally friendly practices and reducing their carbon footprint. They have implemented various initiatives to achieve this, such as using energy-efficient equipment and promoting recycling and waste reduction.

The company offers a variety of products and services to cater to different business needs. They provide flexible financing options for purchasing new or used forklifts, warehouse equipment, and other material handling equipment. They also offer leasing and rental options, allowing businesses to access the equipment they need without the upfront costs of purchasing.

JUNGHEINRICH LIFT TRUCK FINANCE LIMITED has a team of experienced and knowledgeable professionals who are dedicated to providing excellent customer service. They work closely with clients to understand their needs and provide tailored financial solutions to help them achieve their goals.

For those interested in learning more about JUNGHEINRICH LIFT TRUCK FINANCE LIMITED, they can visit their website at www.jungheinrich.co.uk/finance. The company's registered office address is at Jungheinrich House, 6 Doman Road, Camberley, Surrey, GU15 3DN. With their commitment to sustainability and their range of products and services, JUNGHEINRICH LIFT TRUCK FINANCE LIMITED is an excellent choice for businesses in need of material handling equipment financing in the UK.

Financial Metrics

Cash
£0
Net Worth
£872,000
Total Current Assets
£1,149,000
Total Current Liabilities
£277,000

Company Location