FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED

PaymentCheck Score 2025
36Poor
0.1vs last year
#4238 in UK
#255 in Road Travel
#1431 in London

Company Information

Company Number
06163599
Registered Address
5th Floor, 20 Fenchurch Street, London, England, EC3M 3BY
Status
Active
Employee Count
49
Turnover
£26,289,000
EBITDA
£2,177,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 March 2007
Nature of Business
29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Road Travel
Region
London

Time to Pay

Average Time to Pay
63 days
Shortest Period:15 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
19%
31-60 Days
40%
After 60 Days
41%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time to pay for FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED has been gradually increasing over the past three periods. In July 2022, the average time to pay was 59.2 days, which increased to 61.2 days in January 2023, and further increased to 63 days in July 2023.

Volatility Analysis

The volatility in the average time to pay for FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED has been minimal over the past three periods. The difference between the shortest (or only) standard payment period and the average time to pay has been consistent at 15 days.

Summary Analysis

In the latest period of July 2023, FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED took an average of 63 days to pay invoices to suppliers. This is an increase of 3.8% from the previous period of January 2023, where the average time to pay was 61.2 days. However, there has been a gradual improvement in the percentage of invoices paid within 30 days, with an increase of 4% from 19% in July 2022 to 23% in January 2023. The company has also maintained a consistent standard payment period of 15 days.

Performance Reports History

Reporting Period Filed: 2024-01-31
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 202503 Oct 20257222%30%48%27%
01 Jul 2024 - 31 Dec 202407 Feb 20257418%33%49%0%
01 Jan 2024 - 30 Jun 202407 Feb 20258213%31%56%0%
12 Jul 2023 - 31 Dec 202331 Jan 20246319%40%41%0%

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

Payments to suppliers are often mandated by our final customer due to the business that we operate in. They also vary widely depending on the service provided by the supplier and if there are any specific terms agreed with suppliers.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

"FECT UK Ltd" is part of the wider Faurecia Group (which, along with Hella, forms the FORVIA Group) and is fully committed to paying all supplier invoices within the agreed payment terms period. It is essential for suppliers to provide correct PO's and to follow the Groups' invoicing rules to ensure there are no delays to payment of invoices.

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

Faurecia Emissions Control Technologies UK Limited is a leading company in the automotive industry, specializing in developing and manufacturing emission control systems for vehicles. Based in Coventry, the company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

The company offers a range of products and services aimed at reducing emissions and improving air quality. This includes exhaust systems, catalytic converters, and particulate filters for diesel engines. These products help vehicles meet the strict emission standards set by governments around the world.

One of the key people at Faurecia Emissions Control Technologies UK Limited is its Managing Director, Mark Thorpe. He leads a team of dedicated professionals who are constantly striving to innovate and improve their products and services.

The company's sustainability program focuses on reducing waste, conserving resources, and promoting eco-friendly practices. They have a dedicated team that actively looks for ways to minimize their environmental impact and regularly conducts audits to ensure compliance.

Customers can contact Faurecia Emissions Control Technologies UK Limited through their website, which also provides information on their products and services. The company's registered office address is located at Edgwick Park, Canal Road, Coventry, CV6 5RB.

In summary, Faurecia Emissions Control Technologies UK Limited is a reputable company in the automotive industry, known for its commitment to sustainability and providing high-quality emission control solutions. With a strong focus on innovation and environmental responsibility, the company continues to make a positive impact on the industry and the environment.

Financial Metrics

Cash
£12,851,000
Net Worth
£5,993,000
Total Current Assets
£23,504,000
Total Current Liabilities
£19,538,000

Company Location