MOTO HOSPITALITY LIMITED

PaymentCheck Score 2025
58Fair
0.2vs last year
#3187 in UK
#133 in Lifestyle And Entertainment
#208 in East of England

Company Information

Company Number
00734299
Registered Address
Toddington Services Area, Junction 11/12, M1 (Southbound), Toddington, Bedfordshire, England, LU5 6HR
Status
Active
Employee Count
5,324
Turnover
£1,058,407,000
EBITDA
£107,652,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 September 1962
Nature of Business
47190 - Other retail sale in non-specialised stores
47300 - Retail sale of automotive fuel in specialised stores
55100 - Hotels and similar accommodation
56102 - Unlicensed restaurants and cafes
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
37%
31-60 Days
56%
After 60 Days
7%
Not Paid Within Terms39%

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: 2024-07-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Dec 2024 - 25 Jun 202517 Jul 20253637%58%5%41%
28 Dec 2023 - 26 Jun 202415 Jul 20243737%56%7%39%
29 Dec 2022 - 28 Jun 202326 Jul 20232964%33%3%38%
30 Jun 2022 - 28 Dec 202225 Jan 20233259%36%5%36%
30 Dec 2021 - 29 Jun 202225 Jul 20223363%30%7%31%
31 Dec 2020 - 30 Jun 202123 Jul 20213064%32%4%28%
27 Dec 2018 - 26 Jun 201925 Jul 20193062%35%3%29%
28 Jun 2018 - 26 Dec 201824 Jan 20193062%33%5%31%
28 Dec 2017 - 27 Jun 201827 Jul 20183258%37%5%32%

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

Our standard payment terms are for invoices to be paid on the first payment run which occurs after 30 days from the date of invoice. Moto have weekly payment runs. We negotiate separate payment terms individually with suppliers of goods and services depending on the volume and value of transactions. We are currently in the process of transitioning to new standard payment terms of 45 days.

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

90

Dispute Resolution Process

The business has ongoing communication with suppliers through trading and finance teams. Payment disputes are directed to the finance department for resolution in the first instance and will be escalated to the relevant contract owner in our contractual teams where there is a contractual query. Dispute resolution process will accord with specific contractual provisions where applicable.

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

MOTO HOSPITALITY LIMITED is a British company that operates a chain of motorway service stations across the UK. They provide a range of products and services to motorists, including fuel, food and beverages, rest areas, and convenience stores.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting sustainable practices among its employees and suppliers.

MOTO HOSPITALITY LIMITED's sustainability program also extends to its products and services. They offer a range of eco-friendly options, such as electric vehicle charging points and sustainable food and drink options. They also work with local suppliers to source their products, reducing their carbon footprint.

Key people in the company include Chief Executive Officer Ken McMeikan, Chief Financial Officer Nick Tatum, and Chief Commercial Officer Ken Williams. They are supported by a team of experienced managers and employees who are dedicated to providing high-quality and sustainable services to their customers.

For more information on MOTO HOSPITALITY LIMITED, their website address is https://www.moto-way.com/ and their registered office address is 500-600 Witan Gate, Milton Keynes, Buckinghamshire, MK9 1SH, United Kingdom.

Financial Metrics

Cash
£55,392,000
Net Worth
£137,918,000
Total Current Assets
£93,875,000
Total Current Liabilities
£676,146,000

Company Location