HYUNDAI CAPITAL UK LIMITED
Company Information
- Company Number
- 07945949
- Registered Address
- London Court, 39 London Road, Reigate, Surrey, United Kingdom, RH2 9AQ
- Status
- Active
- Employee Count
- 75.0
- Turnover
- 141379000.0
- EBITDA
- 124675000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 February 2012
- Nature of Business
- 64910 - Financial leasing$64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- Industries
- Financial Services,Travel And Transportation
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 | 02 Feb 2024 | 3 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Aug 2023 | 3 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Feb 2023 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Aug 2022 | 4 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 9 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 8 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 6 | 99% | 1% | 0% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 6 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 35 | 78% | 11% | 11% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 29 | 81% | 14% | 5% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 37 | 75% | 15% | 10% | 25% |
Company Summary
HYUNDAI CAPITAL UK LIMITED is a financial services company based in the United Kingdom
It is a subsidiary of HYUNDAI CAPITAL, a global financial services provider
The company offers a range of financial products and services to customers, including vehicle financing, leasing, and insurance
One of the key focus areas for HYUNDAI CAPITAL UK LIMITED is sustainability
The company has implemented various initiatives to reduce its environmental impact and promote sustainable practices
This includes investing in renewable energy, reducing carbon emissions, and promoting recycling and waste reduction
The company also offers a range of sustainable finance options, such as green loans and leases for eco-friendly vehicles and equipment
These products encourage customers to adopt more sustainable practices and contribute to a greener future
The key people at HYUNDAI CAPITAL UK LIMITED include Managing Director Tony Whitehorn and Finance Director Peter Kinnear
They are supported by a team of dedicated professionals who are committed to delivering high-quality financial services to customers
For more information about HYUNDAI CAPITAL UK LIMITED and its products and services, customers can visit their website at https://www.hyundaicapital.co.uk/
The company's registered office address is at 10 Eastbourne Terrace, London, W2 6LG, United Kingdom
Customers can also contact the company by phone at +44 (0) 207 982 9000 or by email at info@hyundaicapital.co.uk
Overall, HYUNDAI CAPITAL UK LIMITED is a reputable and sustainable financial services provider that aims to make a positive impact on the environment and society
Company Review
Trend Analysis
The data shows a consistent improvement in the average time taken for HYUNDAI CAPITAL UK LIMITED to pay invoices from 2018 to 2023, with a significant decrease in the average time from 37 days in 2018 to only 3 days in 2023. This indicates a strong trend towards early payment by the company.
Volatility Analysis
The data also shows a consistent decrease in the percentage of invoices paid later than 60 days, from 10% in 2018 to 0% in 2023. This suggests a decrease in volatility and a more stable payment pattern by the company.
Summary Analysis
Overall, there has been a significant improvement in HYUNDAI CAPITAL UK LIMITED's payment practices over the past three periods. The average time to pay has decreased from 37 days in 2018 to only 3 days in 2023, with a consistent trend towards early payment. There has also been a decrease in the percentage of invoices paid later than 60 days, indicating a decrease in volatility and a more stable payment pattern.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Hyundai Capital UK Limited payment terms are 30 days. There are no contracts for which there are longer payment terms and there have been no changes to this arrangement in the period.
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
30
Dispute Resolution Process
If a supplier has a dispute regarding payment, there is an established escalation and investigation process in place. Should the supplier remain unhappy at the outcome of the initial escalation and investigation, they can refer the matter to an independent body. Information regarding this process is included in the standard contract terms
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
