RED BULL POWERTRAINS 2026 LIMITED
Company Information
- Company Number
- 14131067
- Registered Address
- Rindt Building Building 8, 11 Bradbourne Drive, Tilbrook, Milton Keynes, United Kingdom, MK7 8AT
- Status
- Active
- Employee Count
- 166.0
- Turnover
- 59421000.0
- EBITDA
- 8819000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 May 2022
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Travel And Transportation
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 30 | 54% | 45% | 1% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 31 | 77% | 20% | 3% | 4% |
Company Summary
RED BULL POWERTRAINS 2026 LIMITED is a British-based company that specializes in the development and production of high-performance powertrains for motorsports
The company was established in 2021 and is a subsidiary of the renowned Red Bull Racing Formula One team
One of the key focuses of RED BULL POWERTRAINS 2026 LIMITED is sustainability
The company is committed to reducing its environmental impact and has implemented a sustainability program that includes measures such as reducing waste and carbon emissions, promoting renewable energy sources, and implementing sustainable practices in their manufacturing processes
The company's main product is their state-of-the-art powertrains, which are used in various motorsports competitions such as Formula One, Formula E, and NASCAR
These powertrains are known for their high performance, reliability, and efficiency, making them a popular choice among top racing teams
The key people behind RED BULL POWERTRAINS 2026 LIMITED include Christian Horner, the CEO of Red Bull Racing, and Ben Hodgkinson, the Technical Director of the company
Both have extensive experience in the motorsports industry and are committed to driving the company's success
For more information on RED BULL POWERTRAINS 2026 LIMITED and its products and services, you can visit their website at www.redbullpowertrains.com
The company's registered office address is located at Red Bull Racing, Bradbourne Drive, Tilbrook, Milton Keynes, MK7 8BJ, United Kingdom
Company Review
Trend Analysis
The average time taken for RED BULL POWERTRAINS 2026 LIMITED to pay invoices has decreased over the past three periods, from 31 days in the first period to 29 days in the most recent period. This indicates an improvement in payment efficiency over time.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, with a decrease of only 1% between the first and most recent period. However, there has been more volatility in the percentage of invoices paid between 31 and 60 days, with a decrease of 15% between the first and most recent period. This suggests that the company has been making efforts to pay invoices within 30 days, but may still struggle with payments between 31 and 60 days.
Summary Analysis
RED BULL POWERTRAINS 2026 LIMITED has shown improvement in its payment efficiency over the past three periods. The average time taken to pay invoices has decreased, and the percentage of invoices paid within 30 days has increased. However, there is still room for improvement, as the company has been consistently paying a portion of invoices between 31 and 60 days, and has also had a small percentage of invoices paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
For any payment disputes suppliers can either contact the Accounts Payable team by email accountspowertrains@redbulltechnology.com or by telephone on 01908 279700. Payment disputes are given a high level of importance and resolved promptly by the Accounts Payable team.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available