LOOKERS MOTOR GROUP LIMITED

PaymentCheck Score 2025
53Fair
4.0vs last year
#3424 in UK
#229 in Travel And Transportation
#266 in North West

Company Information

Company Number
00143470
Registered Address
Lookers House 3 Etchells Road, West Timperley, Altrincham, United Kingdom, WA14 5XS
Status
Active
Employee Count
2,332
Turnover
£1,808,017,000
EBITDA
£90,750,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 March 1916
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
Travel And Transportation
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
57%
31-60 Days
34%
After 60 Days
9%
Not Paid Within Terms37%

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 20254040%43%17%55%
01 Jul 2024 - 31 Dec 202430 Jan 20254436%43%21%57%
01 Jan 2023 - 30 Jun 202326 Jul 20232856%39%5%27%
01 Jul 2021 - 31 Dec 202128 Jan 20223053%41%6%24%
01 Jan 2021 - 30 Jun 202129 Jul 20212856%38%6%23%
01 Jan 2020 - 30 Jun 202030 Jul 20203554%29%17%38%
01 Jan 2018 - 30 Jun 201830 Jul 20183737%50%13%10%

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 Motor Group Limited is a leading automotive retailer in the UK, offering a wide range of sustainable products and services. The company is committed to promoting sustainability and reducing its environmental impact, making it a responsible and socially conscious business.

One of the key activities of Lookers Motor Group Limited is the sale of new and used cars from a variety of well-known brands such as Audi, Ford, and Toyota. The company also offers finance and insurance options to customers, making it easier to purchase a vehicle. In addition, Lookers provides aftersales services such as maintenance and repairs to keep cars in top condition.

As part of their sustainability program, Lookers Motor Group Limited has implemented various initiatives to reduce its carbon footprint. This includes investing in energy-efficient technologies, promoting recycling and waste reduction, and using sustainable materials in their operations. The company also supports local communities through charitable donations and partnerships.

The key people at Lookers Motor Group Limited include Andy Bruce, the Chief Executive Officer, and Phil White, the Chairman. They lead a team of over 8,000 employees who are dedicated to providing excellent customer service and promoting sustainability.

To learn more about Lookers Motor Group Limited and their products and services, you can visit their website at www.lookers.co.uk. The company's registered office address is Lookers House, 3 Etchells Road, West Timperley, Altrincham, Cheshire, WA14 5XS, United Kingdom. Overall, Lookers Motor Group Limited is a reputable and sustainable company that offers high-quality automotive products and services to customers across the UK.

Financial Metrics

Cash
£19,282,000
Net Worth
£60,357,000
Total Current Assets
£377,236,000
Total Current Liabilities
£505,521,000

Company Location