MAHLE ENGINE SYSTEMS UK LIMITED

PaymentCheck Score 2024
50Fair
5.7vs last year
#4314 in UK
#93 in Manufacturing
#184 in East Midlands

Company Information

Company Number
06080706
Registered Address
Costin House, St James Mill Road, Northampton, England, NN5 5TZ
Status
Active
Employee Count
184
Turnover
£37,780,000
EBITDA
£4,505,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 February 2007
Nature of Business
28150 - Manufacture of bearings, gears, gearing and driving elements
Industries
Manufacturing, Raw Materials And Intermediate Goods
Region
East Midlands

Time to Pay

Average Time to Pay
42 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:108 days

Payment Timeline

Within 30 Days
37%
31-60 Days
36%
After 60 Days
27%
Not Paid Within Terms27%

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: 2024-05-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20255033%35%32%29%
01 Jul 2023 - 31 Dec 202328 May 20244237%36%27%27%
01 Jan 2018 - 30 Jun 201830 Jul 20185715%47%38%38%

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

Unless otherwise stated in the order, MAHLE shall pay the price of goods and services within 30 days after the end of the month of receipt of a proper invoice or, if later, after acceptance of goods and services in question.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

The company operates a weekly payment run , therefore it is usual for some invoices to fall due between payment dates. These invoices would therefore be included in this report as being settled outside of agreed terms.

Maximum contractual payment period agreed

108

Dispute Resolution Process

All invoices are processed by a central shared services Accounts Payable team. Where it is not possible to process an invoice for payment, the relevant personnel at the local site are identified for resolution of the dispute. The dispute is then entered into a query management system and forwarded to the responsible person (Approver) to investigate. It is the Approver who will liase with the supplier to settle the dispute. The Approver then returns the dispute via the query management system to the Accounts Payable team advising the outcome of the discussion 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

MAHLE ENGINE SYSTEMS UK LIMITED is a leading automotive technology company that specializes in the development and production of engine components and systems. The company is committed to sustainability and has a strong focus on reducing its environmental impact through innovative technologies and processes.

The company offers a wide range of products and services, including engine components such as pistons, connecting rods, and valves, as well as engine systems like air intake and exhaust systems. They also provide engineering and testing services to their customers.

One of the key people at MAHLE ENGINE SYSTEMS UK LIMITED is the Managing Director, Mr. John White. He leads a team of highly skilled engineers and technicians who are dedicated to delivering high-quality products and services to their clients.

The company's sustainability program includes initiatives such as reducing energy consumption, waste management, and promoting the use of renewable resources. They also have a strong focus on employee health and safety, as well as community involvement and social responsibility.

For more information on MAHLE ENGINE SYSTEMS UK LIMITED and their products and services, you can visit their website at www.mahle.com/uk or contact their registered office at Mahle House, Birmingham, B33 0TA, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
£13,948,000
Total Current Assets
£20,872,000
Total Current Liabilities
£17,654,000

Company Location