LOOKERS LIMITED

PaymentCheck Score 2025
38Poor
7.9vs last year
#4171 in UK
#249 in Road Travel
#330 in North West

Company Information

Company Number
00111876
Registered Address
Lookers House 3 Etchells Road, West Timperley, Altrincham, United Kingdom, WA14 5XS
Status
Active
Employee Count
6,003
Turnover
£4,295,300,000
EBITDA
£147,700,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 September 1910
Nature of Business
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Road Travel
Region
North West

Time to Pay

Average Time to Pay
44 days
Shortest Period:3 days
Longest Period:62 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
28%
31-60 Days
53%
After 60 Days
19%
Not Paid Within Terms90%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20255026%53%21%81%
01 Jul 2024 - 31 Dec 202430 Jan 20256022%46%32%87%
01 Jan 2023 - 30 Jun 202326 Jul 20234027%62%11%87%
01 Jul 2021 - 31 Dec 202128 Jan 20223337%57%6%58%
01 Jan 2021 - 30 Jun 202129 Jul 20212762%32%6%26%
01 Jan 2018 - 30 Jun 201830 Jul 20183343%48%9%7%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

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

Payment Terms

Standard payment terms

3 days for vehicles from date of registration. Other suppliers on the last working day of the month following the date of receipt of invoice, however variations to these terms do exist based on agreements with certain suppliers.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

62

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to all parties satisfaction prior to payment being made. In the first instance a dispute should be raised with our Accounts Payables teams – each supplier should have those contact details. If appropriate disputes are escalated to our divisional Financial Controllers and our legal department to find a resolution.

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.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

LOOKERS LIMITED is a leading automotive retail and distribution company based in the United Kingdom. The company operates over 150 dealerships across the UK and Ireland, offering a wide range of new and used cars, as well as aftersales services.

In terms of sustainability, LOOKERS LIMITED is committed to reducing their environmental impact and promoting sustainable practices within their operations. They have implemented several initiatives, such as using energy-efficient lighting and heating systems and recycling waste materials.

The company also offers a range of electric and hybrid vehicles as part of their commitment to promoting sustainable transportation options. They also have a dedicated sustainability team that continuously evaluates and improves their sustainability practices.

Key people at LOOKERS LIMITED include their Chief Executive Officer, Mark Raban, who has been with the company since 2017. The company's Chairman is Phil White, who has been with the company since 2009. The company also has a dedicated Board of Directors and a team of experienced executives.

For more information on LOOKERS LIMITED, their products and services, and their sustainability program, interested individuals can visit their website at www.lookers.co.uk. The company's registered office address is 776 Chester Road, Manchester, M32 0QH, United Kingdom.

Financial Metrics

Cash
£111,800,000
Net Worth
£247,400,000
Total Current Assets
£965,100,000
Total Current Liabilities
£973,500,000

Company Location