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HARLEY-DAVIDSON EUROPE LIMITED

Company number: 02358344

Reporting period:
1 July 2020 to 31 December 2020


This information is as reported by the business, and responses are in their own words.

This report was filed on 7 January 2021

and approved by Paul Sweeney

Payment statistics

Average time taken to pay invoices: 36 days

Invoices paid:

  • within 30 days: 56%
  • in 31 to 60 days: 31%
  • in 61 days or more: 13%

Invoices due but not paid within agreed terms: 82%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

60 days

Standard payment terms

our standard terms are 30 days but we range from 0-60,

Were there any changes to the standard payment terms in the reporting period?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

60 days are goods from abroad that we receive in the warehouse before we pay , so often payment is slightly later.

Any other information about payment terms

we action daily payment terms to avoid late payments, but some invoices are received late from suppliers.

Dispute resolution process

as soon as we have an issue with the invoices, overcharge or incorrect we return by email to get resolved asap, we have a dedicated email address to receive invoices, it is generic and it continually worked on throughout the day to avoid delays and we action daily payments run to avoid delayed payment.

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 Prompt 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