CROSSROADS TRUCK BUS LIMITED

PaymentCheck Score 2025
51Fair
8.6vs last year
#3975 in UK
#249 in Travel And Transportation
#192 in Yorkshire and The Humber

Company Information

Company Number
00573068
Registered Address
Crossroads Truck & Bus, Pheasant Drive, Birstall, Batley, West Yorkshire, WF17 9LR
Status
Active
Employee Count
354
Turnover
£151,332,000
EBITDA
£11,034,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 October 1956
Nature of Business
45190 - Sale of other motor vehicles
45200 - Maintenance and repair of motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
Industries
Road Travel
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
39 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
34%
31-60 Days
58%
After 60 Days
8%
Not Paid Within Terms20%

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)

Company Review

Trend Analysis

The trend for CROSSROADS TRUCK & BUS LIMITED over the past three periods (Jan 2020 - Jun 2022) shows a gradual decrease in the average time taken to pay invoices. The company has also consistently improved in paying invoices within 30 days, with a steady increase from 31% in Jan 2020 to 37% in Jul 2021. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 58% in Jan 2020 to 60% in Jul 2021.

Volatility Analysis

The volatility of CROSSROADS TRUCK & BUS LIMITED's payment patterns has decreased over the past three periods. This can be seen in the steady decrease in the average time taken to pay invoices and the consistent increase in the percentage of invoices paid within 30 days. The company has also maintained a low percentage of invoices not paid within agreed terms.

Summary Analysis

In the past three periods, CROSSROADS TRUCK & BUS LIMITED has shown a consistent improvement in paying invoices within 30 days. The company has also been able to decrease the average time taken to pay invoices, indicating better payment efficiency. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, which should be monitored to ensure timely payment to suppliers.

Performance Reports History

Reporting Period Filed: 2022-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Oct 20254315%79%6%14%
01 Jul 2024 - 31 Dec 202427 Oct 20253632%63%5%14%
01 Jan 2024 - 30 Jun 202427 Oct 20253832%61%7%20%
01 Jan 2022 - 30 Jun 202231 Jul 20223934%58%8%20%
01 Jul 2021 - 31 Dec 202131 Jul 20224235%57%8%17%
01 Jan 2021 - 30 Jun 202129 Jul 20213133%60%7%12%
01 Jul 2020 - 31 Dec 202027 Jan 20214137%54%9%15%
01 Jan 2020 - 30 Jun 202031 Jul 20204431%58%11%14%
01 Jul 2019 - 31 Dec 201930 Jan 20204633%57%10%15%
01 Jan 2019 - 30 Jun 201924 Jul 20194831%58%11%18%
01 Jul 2018 - 31 Dec 201831 Jan 20194727%62%11%21%
01 Jan 2018 - 28 Jun 201820 Jul 20184723%65%12%33%

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

30 days from end of month following the date of the invoice.

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

90

Dispute Resolution Process

Invoices are authorised by the management team. Should there be a query on any invoice, detail will be sought, and the supplier informed that the relevant invoice is in query and the reason why. The supplier will then liaise with the relevant manager to resolve the query then if applicable payment will be processed.

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

CROSSROADS TRUCK & BUS LIMITED is a leading commercial vehicle dealership in the UK, offering a wide range of products and services for the transportation industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes promoting the use of electric and hybrid vehicles, reducing carbon emissions through efficient fleet management, and implementing recycling and waste reduction measures in their operations. They are also dedicated to promoting sustainable practices among their customers and suppliers.

The company offers a comprehensive range of products and services, including sales, servicing, repairs, and parts for commercial vehicles. They are an authorized retailer for leading brands such as Volvo, Renault, and Isuzu. Their state-of-the-art workshops are equipped with the latest technology to provide high-quality services to their customers.

The key people at CROSSROADS TRUCK & BUS LIMITED include the Managing Director, Mark Taylor, and the Sales Director, Ryan Davies. They have a team of experienced and knowledgeable staff who are committed to providing excellent customer service.

The company's website address is https://www.crossroads.co.uk/ where customers can browse their range of products and services, book appointments, and find information about their sustainability program. Their registered office address is Crossroads Truck & Bus Limited, 12-14 St Thomas Road, Huddersfield, West Yorkshire, HD1 3LT.

In conclusion, CROSSROADS TRUCK & BUS LIMITED is a reputable and sustainable commercial vehicle dealership, offering a wide range of products and services to the transportation industry. With a dedicated team and commitment to sustainability, they are well-positioned to meet the needs of their customers while minimizing their environmental impact.

Financial Metrics

Cash
£5,452,000
Net Worth
£26,857,000
Total Current Assets
£56,108,000
Total Current Liabilities
£24,350,000

Company Location