MERCEDES-BENZ VANS UK LIMITED
Company Information
- Company Number
- 10304278
- Registered Address
- Delaware Drive, Tongwell, Milton Keynes, United Kingdom, MK15 8BA
- Status
- Active
- Employee Count
- 91
- Turnover
- £962,346,000
- EBITDA
- £41,020,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 August 2016
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles45190 - Sale of other motor vehicles45200 - Maintenance and repair of motor vehicles
- Industries
- Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2022 - 31 Jul 2022 | 26 Jan 2023 | 21 | 87% | 12% | 1% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 21 | 86% | 12% | 2% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 19 | 88% | 11% | 1% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 13 | 86% | 13% | 1% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 12 | 91% | 9% | 0% | 2% |
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
93% 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 local 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 VANS UK LIMITED is a subsidiary of the German automobile company, Daimler AG. The company specializes in manufacturing and selling commercial vans, as well as providing after-sales services for their vehicles.
The company has a strong commitment to sustainability and is constantly striving to reduce their environmental impact. They have implemented various measures such as using eco-friendly materials in their production process, promoting energy-efficient driving practices, and offering electric and hybrid vans as part of their product range. They also have a recycling program in place to reduce waste and promote a circular economy.
The key people at MERCEDES-BENZ VANS UK LIMITED include the Managing Director, Steve Bridge, and the Head of Sales and Marketing, Steve Bridge. They lead a team of dedicated professionals who are focused on delivering high-quality products and services to their customers.
Customers can contact the company through their website, www.mercedes-benz.co.uk/vans, where they can find information about their products, services, and sustainability initiatives. The registered office address for MERCEDES-BENZ VANS UK LIMITED is Delaware Drive, Tongwell, Milton Keynes, Buckinghamshire, MK15 8BA.
In summary, MERCEDES-BENZ VANS UK LIMITED is a leading commercial van manufacturer with a strong commitment to sustainability. They offer a range of eco-friendly products and services and are led by a team of experienced professionals. Their dedication to sustainability sets them apart in the automotive industry, making them a top choice for businesses and individuals looking for environmentally responsible transportation solutions.
