HARTWELL AUTOMOTIVE GROUP LIMITED

PaymentCheck Score 2021
74Fair
0.4vs last year
#2348 in UK
#101 in Road Travel
#401 in South East

Company Information

Company Number
00158447
Registered Address
Wootton Business Park, Besselsleigh Road, Wootton, Oxon, England, OX13 6FD
Status
Active
Employee Count
0
Turnover
£247,442,000
EBITDA
£3,780,000

Additional Details

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

Time to Pay

Average Time to Pay
25 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
60%
31-60 Days
35%
After 60 Days
5%
Not Paid Within Terms22%

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: 2021-12-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2021 - 30 Nov 202131 Dec 20212560%35%5%22%
01 Dec 2020 - 31 May 202102 Jul 20212657%40%3%22%
01 Jun 2020 - 30 Nov 202021 Jan 20212560%35%5%22%
01 Dec 2018 - 31 May 201901 Jul 20193050%47%3%19%
01 Jun 2018 - 30 Nov 201801 Jul 20192859%39%2%23%

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

Our standard payment terms are 30 days from end of month of invoice date however a sizeable proportion of our invoices are from our motor manufacturer suppliers on which varying terms apply dependent upon the category of supply. These varying terms in many cases are different to our standard terms.

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any and all invoice queries will be registered with the relevant supplier by the managing authorising the invoice or by the AP department under instruction from the appropriate manager. All invoices once received are logged on to the accounts payable system but only scanned once approved. As and when a supplier chases payment on overdue invoices the AP department follow up internally and with the supplier. If the query is due to lack of proof of delivery or back-up paperwork the AP department deal directly with the supplier to avoid a delay in payment. From the time the dispute arises the AP acts immediately and endeavours to obtain resolution so that the invoice can be included on the next payment run.

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

HARTWELL AUTOMOTIVE GROUP LIMITED is a leading automotive company in the UK, providing a wide range of services and products to its customers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

The company offers a diverse range of products and services, including new and used car sales, car servicing and repairs, and vehicle financing options. They also have a dedicated fleet department which provides commercial vehicles and fleet management services.

HARTWELL AUTOMOTIVE GROUP LIMITED has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint. This includes using energy-efficient lighting and heating systems, as well as recycling and reducing waste in all its operations.

The company's key people include their Chairman, Mr. David Hartwell, and their Managing Director, Mr. Peter McAllister. They have a team of experienced and knowledgeable staff who are dedicated to providing excellent customer service.

Customers can contact HARTWELL AUTOMOTIVE GROUP LIMITED through their website, which also provides information about their products and services. The company's registered office address is located in Oxfordshire, UK.

In conclusion, HARTWELL AUTOMOTIVE GROUP LIMITED is a reputable automotive company in the UK, offering a wide range of sustainable products and services. With a strong focus on sustainability and a team of experienced professionals, the company continues to provide top-quality services to its customers.

Financial Metrics

Cash
£0
Net Worth
£75,883,000
Total Current Assets
£81,721,000
Total Current Liabilities
£45,045,000

Company Location