HARLEY-DAVIDSON EUROPE LIMITED
Company number: 02358344
Reporting period:
1 July 2023 to
31 December 2023
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