From 2018 to 2023, there is a consistent increase in the average time taken for JUNGHEINRICH FINANCIAL SERVICES LIMITED to pay invoices to suppliers.
The percentage of invoices paid within 30 days fluctuates between 2018 and 2023, with a high of 90.3% in 2019 and a low of 82.6% in 2023.
From 2018 to 2023, there is a consistent increase in the average time taken for JUNGHEINRICH FINANCIAL SERVICES LIMITED to pay invoices to suppliers.
| 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 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 05 Mar 2019 |
Jungheinrich Financial Services Limited is a UK registered company incorporated in 2006, with its business classified as financial leasing. It forms part of the Jungheinrich group, a German founded business known for manufacturing forklifts, warehouse trucks and automated storage systems, whose UK operations are run through Jungheinrich UK Ltd from Milton Keynes. This entity's own role is to provide financing arrangements, such as leasing, supporting customers acquiring Jungheinrich material handling equipment, rather than manufacturing or selling the equipment itself. No further detail on its specific leasing products or scale is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: jungheinrich.co.uk · jungheinrich.co.uk