BRITISH CAR AUCTIONS LIMITED

Company Information

Company Number
00438886
Registered Address
Form 2, 18 Bartley Wood Business Park, Bartley Way, Hook, Hampshire, United Kingdom, RG27 9XA
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
14 July 1947
Nature of Business
45112 - Sale of used cars and light motor vehicles
70100 - Activities of head offices
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
10 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
7%
After 60 Days
2%
Not Paid Within Terms12%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

BRITISH CAR AUCTIONS LIMITED consistently demonstrates strong payment speed, averaging just 10 days to settle invoices, with 91% processed within 30 days. While 12% of payments are late, the overwhelming majority are handled swiftly, indicating a stable and positive trend in payment practices.

Volatility Analysis

Payment predictability is high for BRITISH CAR AUCTIONS LIMITED, with over 90% of invoices settling reliably within standard 30-day terms. The 12% late payments, broken down into 7% between 31-60 days and 2% over 60 days, represent a low-probability, but present, risk of minor delays for a small segment.

Summary Analysis

Overall, BRITISH CAR AUCTIONS LIMITED presents a favorable payment risk profile, making them a generally reliable counterparty for suppliers. Suppliers should factor in the 12% late payment rate, specifically the 2% over 60 days, when establishing payment terms or credit limits for a small portion of transactions. Implementing clear escalation procedures for overdue invoices would be a prudent mitigation strategy.

Performance Reports History

Reporting Period Filed: 2025-10-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
31 Mar 2025 - 29 Sept 202528 Oct 20251091%7%2%12%
01 Oct 2024 - 30 Mar 202529 Apr 20251191%7%2%13%
01 Apr 2024 - 30 Sept 202429 Oct 2024894%5%1%11%
02 Oct 2023 - 31 Mar 202429 Apr 2024893%6%1%14%
03 Apr 2023 - 01 Oct 202331 Oct 2023992%6%2%15%
03 Oct 2022 - 02 Apr 202302 May 2023991%7%2%16%
04 Apr 2022 - 02 Oct 202231 Oct 2022991%7%2%16%
29 Sept 2021 - 03 Apr 202229 Apr 2022990%8%2%15%
29 Mar 2021 - 28 Sept 202127 Oct 2021990%9%1%15%
30 Sept 2020 - 28 Mar 202127 Apr 20211388%9%3%18%
30 Mar 2020 - 27 Sept 202027 Oct 20202480%8%12%23%
30 Sept 2019 - 29 Mar 202028 Apr 20202369%24%7%42%
01 Apr 2019 - 29 Sept 201925 Oct 20192070%24%6%34%
01 Oct 2018 - 31 Mar 201929 Apr 20192072%22%6%38%
02 Apr 2018 - 30 Sept 201826 Oct 20182073%21%6%34%

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

Standard payment terms vary depending on what has been agreed with the supplier for overheads or vehicle vendor in the case of auction payments. These terms can range from immediate payment to 30 days from date of invoice.

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

30

Dispute Resolution Process

Disputes should be raised in the first instance with BCA Accounts Payable team for overheads or Auction Accounts team for vehicles, by telephone 01252 975 860 or by email accountspayable@bca.com. The finance team will endeavour to resolve any issues promptly and professionally. Should the finance team be unable to resolve a dispute, we would refer to the supplier’s specific contract with us, which will detail the actions to take in order to resolve any disputes.

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

BRITISH CAR AUCTIONS LIMITED is an active private limited company

Its operations are centred on facilitating car auctions

The company was incorporated on 14 July 1947 and operates under company number 00438886

Its registered office is situated at Form 2, 18 Bartley Wood Business Park, Bartley Way, Hook, Hampshire, United Kingdom, RG27 9XA, placing its location in the South East region

As a car auction company in the UK market, typical services involve the sale and purchase of vehicles through competitive bidding

Such organisations specialise in remarketing vehicles for various clients, including fleet operators, finance companies, and car dealerships

They provide platforms for buyers to acquire vehicles and for sellers to achieve market value efficiently

Financial Metrics

Cash
£21,200,000
Net Worth
-£233,100,000
Total Current Assets
£361,100,000
Total Current Liabilities
£245,700,000

Company Location