VAUXHALL FINANCE PLC

PaymentCheck Score 2023
92Excellent
3.0vs last year
#717 in UK
#8 in Wales

Company Information

Company Number
00275607
Registered Address
Heol Ygamlas Parc Nantgarw, Treforest, Cardiff, South Glamorgan, CF15 7QU
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
4 May 1933
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
Wales

Time to Pay

Average Time to Pay
21 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
88%
31-60 Days
12%
After 60 Days
0%
Not Paid Within Terms3%

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: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202331 Jul 20232188%12%0%3%
01 Jul 2022 - 31 Dec 202202 Feb 20232184%15%1%5%
01 Jan 2022 - 30 Jun 202204 Aug 20222483%16%1%6%
01 Jul 2020 - 31 Dec 202029 Jan 20212381%18%1%7%
01 Jan 2019 - 30 Jun 201922 Jul 20192780%18%2%17%

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 agreed with between the vendor and our Procurement Department, ensuring the most appropriate terms are agreed to by both parties

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

45

Dispute Resolution Process

All invoice queries are resolved by the Accounts Payable team and the owner of the agreement between the business and the supplier. All queries are considered immediately and resolved within the shortest possible time frame.

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

VAUXHALL FINANCE PLC is a financial services company based in the United Kingdom. They provide a range of financial products and services to customers, with a focus on the automotive industry.

The company's sustainability program is centered around reducing their environmental impact and promoting responsible business practices. They have implemented initiatives such as using sustainable materials in their operations, reducing waste and energy consumption, and promoting diversity and inclusion within their workforce.

VAUXHALL FINANCE PLC offers a variety of financial products and services, including vehicle financing, insurance, and fleet management solutions. They also offer personal loans and insurance for Vauxhall vehicles.

Some key people in the company include CEO Mark Squires and Managing Director Ian Hibsley. The company's registered office address is located in Luton, Bedfordshire.

Customers can access VAUXHALL FINANCE PLC's products and services through their website, which also provides information on their sustainability efforts. The company has a dedicated customer service team that can be contacted for any inquiries or assistance. Overall, VAUXHALL FINANCE PLC is committed to providing high-quality financial services while also prioritizing sustainability and responsible business practices.

Financial Metrics

Cash
£3,888,000
Net Worth
£301,884,000
Total Current Assets
£1,321,474,000
Total Current Liabilities
£1,501,265,000

Company Location