MERCEDES-BENZ PARTS LOGISTICS UK LIMITED

PaymentCheck Score 2023
69Fair
23.0vs last year
#2817 in UK
#183 in Travel And Transportation
#454 in South East

Company Information

Company Number
10304047
Registered Address
Delaware Drive, Tongwell, Milton Keynes, United Kingdom, MK15 8BA
Status
Active
Employee Count
215
Turnover
£473,462,000
EBITDA
£9,767,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 July 2016
Nature of Business
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
48 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
69%
31-60 Days
20%
After 60 Days
11%
Not Paid Within Terms21%

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: 2024-01-18
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 202318 Jan 20244869%20%11%21%
01 Jul 2022 - 31 Dec 202220 Jan 20232092%6%3%6%
01 Jan 2022 - 30 Jun 202221 Jul 20222387%10%3%8%
01 Jul 2021 - 31 Dec 202128 Jan 20222093%4%3%4%
01 Jan 2021 - 30 Jun 202127 Jul 20212186%11%2%14%
01 Jul 2019 - 31 Dec 201929 Jan 20202579%17%5%11%
01 Jan 2019 - 30 Jun 201929 Jul 20192280%19%1%8%
01 Jan 2018 - 30 Jun 201826 Jul 20182374%25%1%17%

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

58% of these invoices are with group companies, which are paid on average in 15 days. Standard payment terms for third party suppliers is the end of the following month of invoice receipt.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

Dispute Resolution Invoice disputes are investigated by our front office team in our Shared Service Centre in Madrid. The supplier is required to follow our purchase order terms and conditions. If the front office team are unable to resolve the dispute, the issue is then escalated by passing on the query to the accounts payable team, who will work with the relevant business stakeholder to resolve. In order to ensure invoices are approved promptly, any invoices outstanding with an approver for more than 3 days are followed up by the local accounts payable function to ensure they are dealt with.

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

Mercedes-Benz Parts Logistics UK Limited is a company that specializes in the distribution of Mercedes-Benz spare parts to dealerships and customers in the UK. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using energy-efficient lighting and equipment in their warehouses, recycling packaging materials, and promoting the use of electric and hybrid vehicles in their fleet. They also partner with local organizations to support community projects and charities.

The company offers a wide range of products, including genuine Mercedes-Benz parts and accessories for cars, vans, and trucks. They also provide technical support, training, and logistics services to their customers.

Key people in the company include Managing Director, Darren McLeod, and Operations Director, John Murray. They are supported by a team of dedicated professionals who ensure the smooth operation of the company.

Contact information for Mercedes-Benz Parts Logistics UK Limited can be found on their website, which is www.mbpl.co.uk. Their registered office address is Windward House, Windward Way, Crossways Business Park, Dartford, Kent, DA2 6NT. Overall, Mercedes-Benz Parts Logistics UK Limited is a reliable and sustainable company that provides high-quality products and services to their customers.

Financial Metrics

Cash
£0
Net Worth
£21,769,000
Total Current Assets
£143,023,000
Total Current Liabilities
£128,391,000

Company Location