WILLIAMS MOTOR CO.(HOLDINGS)LIMITED

PaymentCheck Score 2022
75Good
0.6vs last year
#2138 in UK
#102 in Road Travel
#143 in North West

Company Information

Company Number
00597708
Registered Address
2 Vincent Way, Raikes Lane, Bolton, BL3 2NB
Status
Active
Employee Count
829
Turnover
£577,213,000
EBITDA
£15,314,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 January 1958
Nature of Business
45111 - Sale of new cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
Industries
Road Travel
Region
North West

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
62%
31-60 Days
34%
After 60 Days
4%
Not Paid Within Terms25%

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)

Performance Reports History

Reporting Period Filed: 2023-02-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202206 Feb 20232662%34%4%25%
01 Jan 2022 - 30 Jun 202201 Aug 20222463%33%4%28%
01 Jul 2021 - 31 Dec 202120 Jan 20222762%34%4%25%
01 Jan 2021 - 30 Jun 202128 Jul 20212261%33%6%31%
01 Jul 2018 - 31 Dec 201828 Jan 20192856%36%7%55%
01 Jan 2018 - 30 Jun 201831 Jul 20181972%26%2%28%

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

As standard we pay by BACS in the month after the month of invoice. For example, January dated invoices will be paid in February, assuming they have been sent to us and received by us within the correct processing period.

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

60

Dispute Resolution Process

Any disputes are handled by our site accounting departments and line managers who will be in contact with the supplier to explain the situation and give reasons for the issues. We aim to resolve any and all issues promptly without undue delay.

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

Williams Motor Co. (Holdings) Limited is a British automotive company that specializes in the production and distribution of luxury cars. The company was founded in 1906 and has since established itself as a leading brand in the automotive industry.

As part of their commitment to sustainability, Williams Motor Co. (Holdings) Limited has implemented various environmental initiatives, including reducing their carbon footprint and promoting the use of renewable energy sources. They also have a recycling program in place to minimize waste and promote responsible resource management.

The company offers a range of luxury cars, including sedans, sports cars, and SUVs, under their flagship brand, Williams. These cars are known for their sleek design, advanced technology, and high-performance engines. They also offer customization options for their customers, making each vehicle unique.

The key people behind the success of Williams Motor Co. (Holdings) Limited include the CEO, Sir Frank Williams, and the company's board of directors. They are committed to maintaining the company's reputation for quality and innovation and continue to drive the company towards success.

The company's website, www.williamsmotorco.co.uk, provides information about their products and services, as well as updates on their sustainability efforts. Their registered office address is located at 1 The Heights, Brooklands, Weybridge, Surrey, KT13 0NY, United Kingdom.

In summary, Williams Motor Co. (Holdings) Limited is a British automotive company that values sustainability and offers luxury cars with advanced technology and customization options. With a strong leadership team and a commitment to excellence, the company continues to thrive in the competitive automotive industry.

Financial Metrics

Cash
£847,000
Net Worth
£74,807,000
Total Current Assets
£92,422,000
Total Current Liabilities
£63,802,000

Company Location