| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 58 | 31% | 34% | 35% | 52% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 51 | 37% | 35% | 28% | 43% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 49 | 43% | 32% | 25% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 65 | 34% | 40% | 26% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Oct 2023 | 59 | 31% | 34% | 35% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Oct 2023 | 57 | 31% | 39% | 31% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are established individually with each supplier, subject to regional practices and any applicable government requirements. Intercompany suppliers operate under 60-day payment terms, unless local regulatory requirements dictate otherwise.
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
90
Cummins is committed to working with our suppliers to help achieve on time, accurate payments. Any disputes will be dealt with first by the appropriate sourcing manager and, upon escalation, the Accounts Payable Helpdesk located in the Troy, MI. The Accounts Payable team can be contacted Monday to Friday by email. Further contact information and guidance on submission of invoices can be found on supplier.cummins.com.
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
MERITOR AFTERMARKET EUROPE LIMITED is a leading global supplier of commercial vehicle parts and services. They offer a wide range of quality products and services for trucks, trailers, buses and coaches.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and promoting recycling. They also work closely with their suppliers to ensure sustainable practices throughout their supply chain.
Their product range includes brakes, drivetrain components, suspensions, and other aftermarket parts for various commercial vehicles. They also provide remanufactured products, which helps in reducing waste and promoting circular economy.
The key people in MERITOR AFTERMARKET EUROPE LIMITED include their Managing Director, Mark Pedder, and their Director of Operations, Jeroen van der Meer. They have a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.
For more information on their products and services, customers can visit their website at www.meritor.com. The registered office address of MERITOR AFTERMARKET EUROPE LIMITED is Unit 2, Appleton Thorn Trading Estate, Appleton Thorn, Warrington, Cheshire, WA4 4SN, United Kingdom.
In conclusion, MERITOR AFTERMARKET EUROPE LIMITED is a reputable company that offers sustainable solutions and high-quality products for commercial vehicles. They are committed to reducing their environmental impact and providing excellent customer service.
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