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

Cash
£81,288,000.00
Net Worth
£414,971,000.00
Total Current Assets
£1,410,469,000.00
Total Current Liabilities
£1,735,221,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-02

Time to Pay

Average Time to Pay
3 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018010203040

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 20180255075100

Performance Reports History

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 202302 Feb 20243100%0%0%0%
01 Jan 2023 - 30 Jun 202318 Aug 20233100%0%0%0%
01 Jul 2022 - 31 Dec 202216 Feb 20232100%0%0%0%
01 Jan 2022 - 30 Jun 202211 Aug 20224100%0%0%0%
01 Jul 2021 - 31 Dec 202109 Feb 20229100%0%0%0%
01 Jan 2021 - 30 Jun 202102 Aug 20218100%0%0%0%
01 Jul 2020 - 31 Dec 202008 Feb 2021699%1%0%1%
01 Jan 2020 - 30 Jun 202028 Jul 20206100%0%0%0%
01 Jul 2019 - 31 Dec 201930 Jan 20205100%0%0%0%
01 Jan 2019 - 30 Jun 201925 Jul 20193578%11%11%23%
01 Jul 2018 - 31 Dec 201801 Feb 20192981%14%5%19%
01 Jan 2018 - 30 Jun 201831 Jul 20183775%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