AMEY FLEET SERVICES LIMITED

PaymentCheck Score 2024
72Fair
#2816 in UK
#66 in Supply Chain
#1176 in London

Company Information

Company Number
00462578
Registered Address
Chancery Exchange, 10 Furnival Street, London, United Kingdom, EC4A 1AB
Status
Active
Employee Count
0
Turnover
£50,114,000
EBITDA
£20,467,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 December 1948
Nature of Business
77110 - Renting and leasing of cars and light motor vehicles
77120 - Renting and leasing of trucks and other heavy vehicles
84110 - General public administration activities
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
52%
31-60 Days
48%
After 60 Days
0%
Not Paid Within Terms11%

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: 2025-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20253152%48%0%11%
01 Jan 2024 - 30 Jun 202430 Jul 20243249%50%1%9%
01 Jan 2022 - 30 Jun 202228 Jul 20223143%57%0%13%
01 Jul 2021 - 31 Dec 202128 Jan 20221890%9%1%4%
01 Jan 2021 - 30 Jun 202129 Jul 2021698%2%0%4%
01 Jan 2020 - 30 Jun 202030 Jul 20204327%69%4%52%
01 Jan 2019 - 30 Jun 201926 Jul 20194130%61%9%54%
01 Jan 2018 - 30 Jun 201827 Jul 20183835%55%10%55%

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

Amey Fleet Services Ltd has a number of standard payment terms in place which vary depending on product type, service, business unit and client. These are summarised below: • Materials suppliers – 30 days from end of month of invoice date. • Service Suppliers – 30 days from 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

60

Dispute Resolution Process

In accordance with good practice, we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.

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

AMEY FLEET SERVICES LIMITED is a renowned company in the UK that provides a range of fleet management services to its clients. The company offers sustainable solutions and is committed to reducing its environmental footprint.

Their sustainability program includes initiatives such as using low-emission vehicles, promoting car-sharing and implementing energy-efficient practices in their operations. They also have a dedicated team that focuses on reducing waste and promoting recycling.

The company offers a wide range of products and services, including vehicle maintenance and repairs, fleet telematics, and fuel management. They also provide consultancy services to help businesses optimize their fleet operations and reduce costs.

Key people in the company include CEO Andy Milner, who has been leading the company since 2010, and Managing Director Andy Smith, who has over 20 years of experience in the fleet management industry.

AMEY FLEET SERVICES LIMITED can be contacted through their website, which also provides information on their various services and sustainability initiatives. The company's registered office address is located in Oxfordshire, UK.

In summary, AMEY FLEET SERVICES LIMITED is a leading fleet management company in the UK that is dedicated to providing sustainable solutions to its clients. With a range of products and services and a strong focus on reducing their environmental impact, the company is committed to helping businesses operate their fleets efficiently and sustainably.

Financial Metrics

Cash
£120,000
Net Worth
£46,528,000
Total Current Assets
£36,593,000
Total Current Liabilities
£31,796,000

Company Location