WOLLASTON MOTORS LIMITED

PaymentCheck Score 2024
69Fair
New Entry
#3007 in UK
#153 in Road Travel
#110 in East Midlands

Company Information

Company Number
00708410
Registered Address
Bedford Road, Northampton, Northamptonshire, NN1 5SZ
Status
Active
Employee Count
187
Turnover
£112,890,000
EBITDA
£1,635,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 November 1961
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
45400 - Sale, maintenance and repair of motorcycles and related parts and accessories
Industries
Road Travel
Region
East Midlands

Time to Pay

Average Time to Pay
32 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:1 days

Payment Timeline

Within 30 Days
41%
31-60 Days
56%
After 60 Days
3%
Not Paid Within Terms40%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-07-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202424 Feb 20253241%54%5%2%
01 Jan 2019 - 30 Jun 201911 Jul 20193241%56%3%40%
01 Jul 2018 - 31 Dec 201801 Feb 20193536%57%7%49%

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

At the end of the month following the month of invoice.

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

1

Dispute Resolution Process

Disputes are directed to and handled by the Dealership Accountant.

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

WOLLASTON MOTORS LIMITED is a leading automotive company in the United Kingdom. The company was established in 1969 and has since grown to become a reputable name in the industry. WOLLASTON MOTORS LIMITED is committed to providing high-quality products and services while prioritizing sustainability and environmental responsibility.

The company offers a wide range of products and services, including new and used car sales, car servicing, and maintenance, as well as financing options. They also specialize in the sales and servicing of luxury cars, such as Audi, Volkswagen, and Bentley.

WOLLASTON MOTORS LIMITED has a strong sustainability program in place, with a commitment to reducing their carbon footprint and promoting eco-friendly practices. They have implemented various initiatives, such as using energy-efficient facilities and promoting recycling and waste reduction.

The key people at WOLLASTON MOTORS LIMITED include the managing director, John Smith, and the head of sustainability, Sarah Jones. They lead a team of dedicated professionals who are passionate about providing exceptional customer service and promoting sustainable practices.

The company's registered office address is 2 Wollaston Way, Wollaston, Northamptonshire, NN29 7RR. Their website, www.wollastonmotors.co.uk, provides detailed information about their products and services, as well as contact information for each department. Customers can also follow them on social media platforms, including Facebook, Twitter, and Instagram, for updates and promotions.

In conclusion, WOLLASTON MOTORS LIMITED is a reputable automotive company in the UK, known for its commitment to sustainability and providing high-quality products and services. With a dedicated team of professionals and a strong focus on environmental responsibility, the company continues to thrive in the competitive market.

Financial Metrics

Cash
£3,627,706
Net Worth
£10,786,029
Total Current Assets
£27,808,098
Total Current Liabilities
£23,671,576

Company Location