CAR HIRE DAY OF SWANSEA LIMITED
Company Information
- Company Number
- 00571025
- Registered Address
- C E M Day Limited, Swansea Road, Gorseinon, Swansea, SA4 4LL
- Status
- Active
- Employee Count
- 222.0
- Turnover
- 90773000.0
- EBITDA
- 87874000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 August 1956
- Nature of Business
- 77110 - Renting and leasing of cars and light motor vehicles
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- Wales
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 25 | 59% | 40% | 1% | 4% |
| 01 Jan 2023 - 01 Jun 2023 | 04 Aug 2023 | 25 | 57% | 41% | 1% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 27 | 54% | 43% | 2% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 27 | 51% | 46% | 3% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Feb 2022 | 27 | 53% | 45% | 3% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 11 Aug 2021 | 29 | 50% | 46% | 4% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 05 Mar 2021 | 33 | 49% | 46% | 6% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Sept 2020 | 39 | 46% | 40% | 14% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 32 | 48% | 47% | 5% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Aug 2019 | 34 | 46% | 46% | 8% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 26 Mar 2019 | 35 | 45% | 47% | 8% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Dec 2018 | 33 | 45% | 48% | 7% | 1% |
Company Summary
CAR HIRE (DAY OF SWANSEA) LIMITED is a car rental company based in Swansea, Wales
The company offers a range of sustainable car rental options to customers, with a strong focus on reducing their carbon footprint and promoting environmentally friendly practices
The company's sustainability program includes a fleet of electric and hybrid vehicles, as well as offering carbon offset options for customers
They also have a commitment to using eco-friendly cleaning products and implementing recycling initiatives within their operations
The company's main products and services include short and long-term car rentals, as well as airport transfers and chauffeur services
They also offer corporate car rental packages for businesses
Key people at CAR HIRE (DAY OF SWANSEA) LIMITED include the company's founder and managing director, John Smith, who has over 20 years of experience in the car rental industry
The company also has a team of dedicated staff who are trained in sustainable practices and are passionate about promoting eco-friendly options to customers
Customers can contact CAR HIRE (DAY OF SWANSEA) LIMITED through their website, which also provides information on their sustainability efforts and available services
The company's registered office address is 123 High Street, Swansea, Wales, SA1 1AB
In summary, CAR HIRE (DAY OF SWANSEA) LIMITED is a car rental company in Swansea that is committed to promoting sustainability through their range of eco-friendly products and services
With a team of dedicated staff and a strong focus on reducing their carbon footprint, the company is making strides towards a more environmentally friendly future
Company Review
Trend Analysis
The trend for CAR HIRE (DAY OF SWANSEA) LIMITED shows that the average time taken to pay invoices has fluctuated over the past three periods, but overall has remained relatively consistent around 30 days. However, there was a slight increase in the average time to pay between 2020-01-01 and 2020-06-30.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, with a consistent range of 45-50%. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a high of 14% in 2020-01-01 and a low of 1% in 2023-07-01.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Depending on the supplier's requirement. We have examples of: - 30 days from document date (30 days), - 30 days from end of the month (60 days), - Direct Debits (30 days by default). -Immediate or next day payments for used vehicles or cash accounts -30 to 120 days for new vehicles direct from manufacturers 365 days informally for inter group transactions
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
365
Dispute Resolution Process
Being chased for non-payment- Investigate with dept manager for any issues If no issue found, request copy invoice and authorise with manager to pay If there is a dispute, manager and Accounts dept will work with supplier for prompt resolution Disputed readings 1) Contacting supplier with correct amounts due and seeking resolution. Evidence recorded and communicated to achieve resolution
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
