SANDICLIFFE GARAGE LIMITED

PaymentCheck Score 2022
91Excellent
32.1vs last year
#751 in UK
#36 in Travel And Transportation
#23 in East Midlands

Company Information

Company Number
00452840
Registered Address
Nottingham Rd, Stapleford, Notts, NG9 8AU
Status
Active
Employee Count
12
Turnover
£4,707,000
EBITDA
£1,709,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 April 1948
Nature of Business
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms30%

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 data shows a consistent trend of improvement in the average time taken to pay invoices for SANDICLIFFE GARAGE LIMITED from 2018 to 2022. The company has been able to significantly reduce their average time to pay from 26 days in 2018 to 17 days in 2022. This shows a continuous effort towards paying suppliers in a timely manner.

Volatility Analysis

The data also shows a decrease in volatility over the years, with a significant decrease in the percentage of invoices paid later than 60 days from 5% in 2018 to 1% in 2022. This indicates a more stable payment system and a decrease in delays in payments.

Performance Reports History

Reporting Period Filed: 2023-01-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202216 Jan 20231797%2%1%30%
01 Jan 2022 - 30 Jun 202213 Jul 202218100%0%0%42%
01 Jul 2021 - 31 Dec 202124 Jan 20223912%84%4%100%
01 Jan 2021 - 30 Jun 202101 Aug 20216100%0%0%84%
01 Jul 2020 - 31 Dec 202019 Jan 20215100%0%0%23%
01 Jan 2020 - 30 Jun 202030 Jul 20205100%0%0%85%
01 Jul 2019 - 31 Dec 201921 Jan 202013100%0%0%40%
01 Jan 2019 - 30 Jun 201926 Jul 201915100%0%0%53%
01 Jul 2018 - 31 Dec 201805 Apr 201912100%0%0%46%
01 Jan 2018 - 30 Jun 201830 Jul 20182666%29%5%27%

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

20th of the following month. Example, Invoices dated 01/12/2022 - 31/12/22 are due to be paid 20th January 2023

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

30

Dispute Resolution Process

All invoices are agreed by 1 person as the business is now really small. They would query with the supplier and only pay once the query is resolved or a credit received.

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

SANDICLIFFE GARAGE LIMITED is a car dealership and service center that has been in operation since 1948. They have multiple locations across the East Midlands region in England, including Nottingham, Loughborough, and Melton Mowbray. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes promoting the use of electric and hybrid vehicles, as well as offering eco-friendly services such as car servicing and maintenance using environmentally friendly products. They also have a recycling program in place for used car parts and materials.

SANDICLIFFE GARAGE LIMITED offers a wide range of products and services, including new and used car sales, vehicle leasing, and financing options. They also have a dedicated service center for maintenance and repairs, as well as a parts department for car accessories and replacement parts.

The key people at SANDICLIFFE GARAGE LIMITED include the managing director, Mark Sandicliffe, who is the fourth generation of the Sandicliffe family to run the business. Other key members include the sales and service managers, who have years of experience in the automotive industry.

Customers can visit the company's website, www.sandicliffe.co.uk, to browse their inventory, book a service appointment, or apply for financing. The registered office address for SANDICLIFFE GARAGE LIMITED is located at 5 Cross Street, Ruddington, Nottingham, NG11 6NZ.

In summary, SANDICLIFFE GARAGE LIMITED is a well-established car dealership and service center with a commitment to sustainability. They offer a range of products and services, led by a team of experienced professionals, and can be contacted through their website or registered office address.

Financial Metrics

Cash
£0
Net Worth
£3,494,000
Total Current Assets
£965,000
Total Current Liabilities
£0

Company Location