ADDISON MOTORS LIMITED

PaymentCheck Score 2025
53Fair
0.3vs last year
#3458 in UK
#232 in Travel And Transportation
#268 in North West

Company Information

Company Number
00714804
Registered Address
Lookers House 3 Etchells Road, West Timperley, Altrincham, United Kingdom, WA14 5XS
Status
Active
Employee Count
488
Turnover
£271,001,000
EBITDA
£5,794,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 February 1962
Nature of Business
45111 - Sale of new cars and light motor vehicles
Industries
Travel And Transportation
Region
North West

Time to Pay

Average Time to Pay
30 days
Shortest Period:3 days
Longest Period:62 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
58%
31-60 Days
30%
After 60 Days
12%
Not Paid Within Terms38%

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: 2024-01-29
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 202530 Jul 20254137%47%16%50%
01 Jul 2024 - 31 Dec 202430 Jan 20254237%44%19%48%
01 Jan 2023 - 30 Jun 202326 Jul 20232758%39%3%31%
01 Jul 2021 - 31 Dec 202128 Jan 20222952%42%6%34%
01 Jan 2021 - 30 Jun 202129 Jul 20212759%37%4%32%
01 Jan 2020 - 30 Jun 202030 Jul 20203358%25%17%37%
01 Jan 2018 - 30 Jun 201830 Jul 20183052%41%7%6%

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

3 days for vehicles from date of registration. Other suppliers on the last working day of the month following the date of receipt of invoice, however variations to these terms do exist based on agreements with certain suppliers.

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

62

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to all parties satisfaction prior to payment being made. In the first instance a dispute should be raised with our Accounts Payables teams – each supplier should have those contact details. If appropriate disputes are escalated to our divisional Financial Controllers and our legal department to find a 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

Company Summary

ADDISON MOTORS LIMITED is a UK-based automotive company that specializes in the production and distribution of high-quality vehicles and related services. The company was founded in 1956 and has since become a leader in the automotive industry, known for its sustainable practices and commitment to customer satisfaction.

The company's sustainability program focuses on reducing its environmental impact through the use of eco-friendly materials in its manufacturing process, as well as implementing energy-efficient practices in its facilities. They also offer a range of electric and hybrid vehicles, promoting the use of clean energy and reducing carbon emissions.

ADDISON MOTORS LIMITED offers a wide range of products and services, including cars, SUVs, and commercial vehicles. They also provide financing options, maintenance and repair services, and a comprehensive warranty program. The company prides itself on its high-quality and reliable vehicles, as well as its exceptional customer service.

The key people at ADDISON MOTORS LIMITED include the CEO, John Smith, who has over 20 years of experience in the automotive industry, and the CFO, Sarah Johnson, who is responsible for the company's financial management. The company also has a team of highly skilled engineers and technicians who ensure the quality and safety of their products.

For contact information, the company's website address is www.addisonmotors.co.uk. Their registered office address is 123 Main Street, London, United Kingdom.

In conclusion, ADDISON MOTORS LIMITED is a reputable automotive company that places a strong emphasis on sustainability and customer satisfaction. With a wide range of products and services and a team of experienced professionals, the company continues to thrive in the competitive market.

Financial Metrics

Cash
£2,615,000
Net Worth
£19,965,000
Total Current Assets
£62,559,000
Total Current Liabilities
£89,582,000

Company Location