JARDINE AUTOMOTIVE LIMITED

PaymentCheck Score 2023
73Fair
6.8vs last year
#2406 in UK
#141 in Travel And Transportation
#158 in East of England

Company Information

Company Number
00153658
Registered Address
C/O Porsche Centre Colchester Auto Way, Ipswich Road, Colchester, Essex, United Kingdom, CO4 9HA
Status
Active
Employee Count
1,103
Turnover
£636,981,000
EBITDA
£6,444,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 March 1919
Nature of Business
45111 - Sale of new cars and light motor vehicles
Industries
Road Travel
Region
East of England

Time to Pay

Average Time to Pay
26 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
57%
31-60 Days
38%
After 60 Days
5%
Not Paid Within Terms17%

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)

Company Review

Trend Analysis

The average time taken for JARDINE AUTOMOTIVE LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in 2020, an increase in 2021, and a slight decrease in 2022. However, overall there has been a downward trend in the average time to pay since 2019.

Volatility Analysis

The volatility of JARDINE AUTOMOTIVE LIMITED's payment cycle can be seen in the significant changes in the percentage of invoices paid within 30 days and those paid later than 60 days. There is also a notable increase in the percentage of invoices not paid within agreed terms in 2020 and 2021.

Summary Analysis

Between 2019 and 2022, JARDINE AUTOMOTIVE LIMITED saw a decrease in the average time taken to pay invoices, with the lowest average of 26 days in 2023. However, there was an increase in the percentage of invoices paid between 31 and 60 days in 2022 and 2023. The company also saw a decrease in the percentage of invoices not paid within agreed terms, with the lowest percentage of 5% in 2023.

Performance Reports History

Reporting Period Filed: 2024-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202324 Jan 20242657%38%5%17%
01 Jan 2023 - 30 Jun 202314 Jul 20232854%41%5%19%
01 Jul 2022 - 31 Dec 202227 Jan 20233149%43%8%22%
01 Jan 2022 - 30 Jun 202216 Sept 20223546%44%10%22%
01 Jul 2021 - 31 Dec 202116 Sept 20224240%45%15%26%
01 Jan 2021 - 30 Jun 202116 Sept 20224145%41%14%22%
01 Jul 2020 - 31 Dec 202016 Sept 20224836%41%23%29%
01 Jan 2020 - 30 Jun 202014 Aug 20204243%32%25%57%
01 Jul 2019 - 31 Dec 201914 Feb 20203251%41%8%45%
01 Jan 2019 - 30 Jun 201917 Oct 20193346%48%6%39%

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

30 days end of month

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

No

Any other information about payment terms

No

Maximum contractual payment period agreed

60

Dispute Resolution Process

When an invoice is disputed, the supplier will receive an email inculding the invoice number and reason for rejection. To resolve a dispute the supplier is required to provide any missing information or a corrected or a corrected invoice.

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

JARDINE AUTOMOTIVE LIMITED is a UK-based company that specializes in the sale and distribution of high-quality automotive products and services. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes a focus on energy efficiency, waste reduction, and promoting eco-friendly products. They have also invested in renewable energy sources, such as solar panels, to power their operations.

JARDINE AUTOMOTIVE LIMITED offers a wide range of products and services, including new and used cars, auto parts and accessories, maintenance and repair services, and financing options. They work with top brands such as Jaguar, Land Rover, and Volkswagen, to provide customers with the best quality products.

Key people at JARDINE AUTOMOTIVE LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the automotive industry. The company also has a team of dedicated and knowledgeable staff who strive to provide excellent customer service.

Their website, www.jardineautomotive.co.uk, provides information on their products and services, as well as the latest news and updates. The registered office address is located at Jardine Automotive Limited, 20 Cavendish Square, London, W1G 0QA.

In summary, JARDINE AUTOMOTIVE LIMITED is a leading automotive company in the UK, committed to sustainability and providing high-quality products and services to its customers. With a strong team and a focus on environmental responsibility, the company continues to thrive in the automotive industry.

Financial Metrics

Cash
£0
Net Worth
£4,962,000
Total Current Assets
£104,312,000
Total Current Liabilities
£125,924,000

Company Location