ISUZU (UK) LIMITED
Company number: 02064489
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
28 July 2025
Approved by:
Gary Ernest Hutton
Payment statistics
Average time taken to pay invoices: 33 days
Total value paid:
- within 30 days: £53,302,441 (74%)
- in 31 to 60 days: £18,551,528 (26%)
- in 61 days or more: £521,610 (< 1%)
Invoices paid:
- within 30 days: 76%
- in 31 to 60 days: 22%
- in 61 days or more: 2%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,806,437
- payments due in the reporting period which have not been paid within the agreed period: 30%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
45 days
Standard payment terms
Under Isuzu (UK) Limited's communication to suppliers, standard payment terms are payment once a month on the 15th day of the month following receipt of a valid invoice to the group's shared service centre via invoiceuk@imgroup.co.uk. Other individual suppliers agreements may vary. Specific contractual arrangements are in place for suppliers of inventory items that are imported from overseas.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
45 days
No further information.
Any other information about payment terms
Standard payment terms apply to the company's suppliers however, intercompany purchase invoices are generally settled under alternative arrangements under mutual agreement to satisfy the wider group's centralised treasury arrangements.
Dispute resolution process
Initial supplier disputes and queries should be dealt with by contacting Isuzu (UK) Limited's Accounts Payable Department (accountspayable@imgroup.co.uk). This is the primary contact for all disputes and queries, however resolution may be directed to the relevant internal relationship holder.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No