Industry ranking
The average time taken for JARDINE CARS LIMITED to pay invoices has fluctuated over the past three periods, but overall has decreased from 2019 to 2023.
The volatility in the percentage of invoices paid within 30 days has decreased from 2019 to 2023, while the volatility in the percentage of invoices paid later than 60 days and not paid within agreed terms has increased.
| 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 | 21 | 68% | 29% | 3% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 21 | 68% | 28% | 4% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 23 | 64% | 30% | 6% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 16 Sept 2022 | 26 | 61% | 31% | 8% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 16 Sept 2022 | 32 | 56% | 30% | 14% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Sept 2022 | 32 | 60% | 29% | 11% | 31% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Sept 2022 | 38 | 55% | 27% | 18% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Aug 2020 | 32 | 54% | 30% | 16% | 68% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Feb 2020 | 24 | 65% | 31% | 4% | 49% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Oct 2019 | 25 | 61% | 37% | 2% | 59% |
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 information available
Any other information about payment terms
N/A
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
JARDINE CARS LIMITED is an active private limited company, incorporated on 17 August 1954, based in the East of England region. Registered business activity: Sale of new cars and light motor vehicles.
From Companies House records.