The average time for JARDINE LUXURY VEHICLES LIMITED to pay invoices has been fluctuating over the past three periods, with a slight decrease in the latest period. The percentage of invoices paid within 30 days has been increasing, while the percentage of invoices paid between 31 and 60 days has been decreasing. However, there has been an increase in the percentage of invoices paid later than 60 days in the latest period compared to the previous two periods.
The average time to pay has shown volatility, with a significant increase in the second period and a decrease in the latest period. The percentage of invoices paid within 30 days has been relatively stable, while there has been volatility in the percentage of invoices paid between 31 and 60 days. The percentage of invoices paid later than 60 days has shown the most volatility, with a significant increase in the latest period compared to the previous two periods.
Looking at the data from the past three periods, JARDINE LUXURY VEHICLES LIMITED has shown improvements in paying invoices within 30 days, with a decrease in the average time to pay and an increase in the percentage of invoices paid within this timeframe. However, there has been an increase in the percentage of invoices paid later than 60 days in the latest period compared to the previous two periods.
| 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 2023 - 31 Dec 2023 | 24 Jan 2024 | 26 | 58% | 38% | 5% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 37 | 57% | 37% | 6% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 26 | 59% | 34% | 7% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 16 Sept 2022 | 32 | 57% | 28% | 15% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 16 Sept 2022 | 39 | 50% | 29% | 21% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Sept 2022 | 34 | 54% | 34% | 12% | 16% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Sept 2022 | 45 | 47% | 29% | 24% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Aug 2020 | 41 | 49% | 26% | 25% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Feb 2020 | 30 | 58% | 33% | 9% | 45% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Oct 2019 | 35 | 46% | 44% | 10% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
No
Maximum contractual payment period agreed
60
When an invoice is disputed, the supplier will receive an email inculding the invoice number and reason for rejection. To resolve a dispute the supplier is required to provide any missing information or a corrected or a corrected invoice.
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
JARDINE LUXURY VEHICLES LIMITED is a leading distributor of luxury vehicles in the United Kingdom. The company is committed to providing sustainable and high-quality products and services to its customers.
The company's sustainability program focuses on reducing carbon emissions, promoting energy efficiency, and implementing sustainable practices in its operations. This includes using eco-friendly materials in the production of vehicles, optimizing energy consumption in its facilities, and promoting recycling and waste reduction.
JARDINE LUXURY VEHICLES LIMITED offers a wide range of luxury vehicles from renowned brands such as Jaguar, Land Rover, and Ferrari. They also provide maintenance and repair services for these vehicles, ensuring that they are in top condition for their customers.
The key people of JARDINE LUXURY VEHICLES LIMITED include the CEO, Mr. Adam Hall, and the Managing Director, Ms. Sarah Lee. They are both highly experienced and dedicated leaders who strive to maintain the company's position as a leader in the luxury vehicle industry.
The company's registered office address is at 20 Berkeley Square, London, W1J 6EQ, United Kingdom. Customers can also contact them through their website, www.jardineluxuryvehicles.co.uk, for more information on their products and services. Overall, JARDINE LUXURY VEHICLES LIMITED is committed to providing exceptional luxury vehicles while also promoting sustainability and environmental responsibility.