| 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 | 18 Jan 2024 | 48 | 69% | 20% | 11% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 23 | 91% | 2% | 7% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 20 | 92% | 6% | 3% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 23 | 87% | 10% | 3% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 20 | 93% | 4% | 3% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 21 | 86% | 11% | 2% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 23 | 77% | 22% | 1% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 23 | 78% | 20% | 2% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 25 | 79% | 17% | 5% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 22 | 80% | 19% | 1% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 19 | 75% | 22% | 3% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 23 | 74% | 25% | 1% | 17% |
This information is as reported by the business, and responses are in their own words.
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 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.
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.
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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
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.
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