S U PLC
Company Information
- Company Number
- 00342025
- Registered Address
- 2 Stratford Court Cranmore Boulevard, Shirley, Solihull, England, B90 4QT
- Status
- Active
- Employee Count
- 224
- Turnover
- £102,714,000
- EBITDA
- £49,430,000
Additional Details
- Website
- https://suplc.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 1 July 1938
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for S & U PLC has increased over the past three periods, going from 14 days to 16 days to 18 days. This indicates a trend of the company taking longer to pay their invoices.
Volatility Analysis
The volatility of the company's payment patterns can be seen in the fluctuation of the percentages for invoices paid within 30 days, between 31 and 60 days, and later than 60 days. While the percentage of invoices paid within 30 days has remained relatively stable, the percentage of invoices paid later than 60 days has fluctuated between 0% and 2%, indicating some inconsistency in the company's payment habits.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Aug 2023 - 31 Jan 2024 | 01 Mar 2024 | 17 | 90% | 10% | 0% | 0% |
| 01 Feb 2023 - 31 Jul 2023 | 24 Aug 2023 | 16 | 88% | 11% | 0% | 0% |
| 01 Aug 2022 - 31 Jan 2023 | 17 Feb 2023 | 14 | 90% | 9% | 1% | 0% |
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
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
1460
Dispute Resolution Process
We ask our suppliers to email our accounts department and advise that all queries will be dealt with within 3 days
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
S & U PLC is a UK-based company that provides financial services to individuals and businesses. They have been in operation since 1938 and have a strong focus on sustainability and corporate responsibility.
Their sustainability program includes initiatives such as reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities through various charitable projects. They also have a dedicated team that focuses on ethical and responsible lending practices.
One of their main products is the provision of motor finance through their subsidiary, Advantage Finance. They offer flexible and affordable finance options for both new and used cars, as well as commercial vehicles. S & U PLC also has a subsidiary, Aspen Bridging, which provides short-term property finance solutions.
The company is led by a team of experienced and knowledgeable individuals, including Anthony Coombs (Chairman), Chris Redford (CEO), and Graham Coombs (Managing Director). They are committed to driving the company's growth and success while maintaining their sustainability goals.
S & U PLC's registered office address is 2 Stratford Court, Cranmore Boulevard, Solihull, West Midlands, B90 4QT, United Kingdom. Their website address is www.suplc.co.uk, where customers can find more information about their products and services, as well as their sustainability efforts. They also have a dedicated email address for enquiries: info@suplc.co.uk.
