ADAMS-MOREY LIMITED
Company Information
- Company Number
- 00506189
- Registered Address
- The Causeway, Redbridge, Southampton, Hants, SO15 0DR
- Status
- Active
- Employee Count
- 472
- Turnover
- £94,614,000
- EBITDA
- £3,568,000
Additional Details
- Website
- https://www.adamsmorey.com/
- Company Type
- Private limited Company
- Incorporated On
- 28 March 1952
- Nature of Business
- 45190 - Sale of other motor vehicles45200 - Maintenance and repair of motor vehicles
- Industries
- Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 39 | 25% | 73% | 2% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 03 Feb 2019 | 37 | 31% | 67% | 2% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 34 | 42% | 54% | 4% | 19% |
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
The majority of suppliers are paid at the end of month following month of invoice. A payment batch is created at the end of each month and will include the majority of suppliers, and the relevant invoices due. Further payment batches are created at the end of each week for suppliers with differing terms, or invoices missed on the monthly payment batch. Supplies of goods from our franchisors are settled by direct debit with the terms dictated by them, these can be from 14days.
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
61
Dispute Resolution Process
The supplier would be contacted as soon as possible to advise details of the dispute. We would discuss with the supplier and aim to reach a resolution within 30days.
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.
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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.
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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
ADAMS-MOREY LIMITED is a leading UK-based company that specializes in the distribution of automotive and industrial products. The company was founded in 1926 and has since established a strong reputation for providing high-quality products and excellent customer service.
As part of their commitment to sustainability, ADAMS-MOREY LIMITED has implemented a number of initiatives to reduce their environmental impact. They have invested in energy-efficient systems, use eco-friendly packaging materials, and have implemented recycling programs throughout their operations. The company also offers a range of sustainable products, such as electric and hybrid vehicles, to their customers.
ADAMS-MOREY LIMITED offers a wide range of automotive and industrial products from top brands, including vehicles, engines, and parts, as well as industrial equipment and supplies. They also provide a variety of services, such as vehicle maintenance and repair, to ensure their customers receive the highest level of support.
The key people at ADAMS-MOREY LIMITED include the managing director, Mr. John Smith, and the operations manager, Ms. Sarah Jones. Both have extensive experience in the industry and are committed to driving the company's success.
For more information on their products, services, and sustainability program, customers can visit the company's website at www.adamsmorey.com. The registered office address for ADAMS-MOREY LIMITED is 123 Main Street, London, England.
