HARLEY-DAVIDSON EUROPE LIMITED

Company number: 02358344

Reporting period:
1 July 2023 to 31 December 2023

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This report was filed on 8 January 2024

and approved by Victoria Williams

Payment statistics

Average time taken to pay invoices: 57 days

Invoices paid:

• within 30 days: 44%
• in 31 to 60 days: 2%
• in 61 days or more: 54%

Invoices due but not paid within agreed terms: 57%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

60 days

Standard payment terms

standard payment terms are 30 days, shipped goods and intercompany are 60 days, dealers are paid on 7 days,

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

maximun is 60 days or one we receive the shipped goods.

Any other information about payment terms

we action daily payment runs to pay vendors as soon as invoices are due, sometimes we receive invoices late or there may be a issue, which may cause a delay in payment

Dispute resolution process

we answer emails queries within 0-5 days, any disputes are resolved asap and invoices paid soon after the resolution

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