VOLVO CAR FINANCIAL SERVICES UK LIMITED

PaymentCheck Score 2025
100Excellent
vs last year
#13 in UK
#1 in Financial Services
#4 in South East

Company Information

Company Number
12718441
Registered Address
Scandinavia House, Norreys Drive, Maidenhead, Berkshire, United Kingdom, SL6 4FL
Status
Active
Employee Count
34
Turnover
£43,311,000
EBITDA
£43,539,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 2020
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

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✗ 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: 2025-08-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202508 Aug 20253100%0%0%0%
01 Jul 2024 - 31 Dec 202406 Feb 20253100%0%0%0%
01 Jul 2023 - 31 Dec 202302 Feb 20243100%0%0%0%

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

Volvo Car Financial Services 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 information available

Any other information about payment terms

No additional information

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

Company Summary

VOLVO CAR FINANCIAL SERVICES UK LIMITED is the financial arm of the well-known Swedish automaker, Volvo. The company specializes in providing financial services and solutions to its customers in the UK.

Their sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting sustainable practices. They have committed to reducing their carbon footprint through various initiatives, such as using renewable energy sources, promoting eco-friendly vehicles, and implementing waste reduction measures.

In terms of products and services, VOLVO CAR FINANCIAL SERVICES UK LIMITED offers a range of financing options for both individuals and businesses. These include leasing, loans, and insurance plans, making it easier for customers to purchase or lease a Volvo vehicle. They also have a loyalty program, which offers benefits and rewards to loyal customers.

The company is led by a team of experienced professionals, with Mark White as the Managing Director. Under his leadership, the company has continued to grow and expand its operations in the UK market.

For those looking to contact VOLVO CAR FINANCIAL SERVICES UK LIMITED, their website is the best point of reference. It provides detailed information about their products and services, as well as contact details for customer support. Their registered office address is at 3 Princess Way, Redhill, Surrey, RH1 1SR.

In conclusion, VOLVO CAR FINANCIAL SERVICES UK LIMITED is a reputable and sustainable financial services company, offering a range of products and solutions to support the customers of Volvo vehicles. With a strong focus on sustainability and a team of experienced leaders, the company is well-positioned to continue its success in the UK market.

Financial Metrics

Cash
£31,481,000
Net Worth
£108,943,000
Total Current Assets
£614,145,000
Total Current Liabilities
£605,670,000

Company Location