INCHCAPE MANAGEMENT (SERVICES) LIMITED

PaymentCheck Score 2021
67Fair
1.0vs last year
#2971 in UK
#1211 in London

Company Information

Company Number
00785779
Registered Address
22a St James's Square, London, SW1Y 5LP
Status
Active
Employee Count
142
Turnover
£85,149,000
EBITDA
-£5,803,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 December 1963
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
58%
31-60 Days
32%
After 60 Days
10%
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)

Performance Reports History

Reporting Period Filed: 2021-08-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202126 Aug 20214258%32%10%20%
01 Jul 2020 - 31 Dec 202010 Jun 20213857%34%8%22%
01 Jul 2019 - 31 Dec 201931 Jan 20203163%30%7%18%
01 Jan 2019 - 30 Jun 201929 Jul 20194840%44%16%32%
01 Jan 2018 - 30 Jun 201825 Jul 20188739%31%30%45%

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

Inchcape Management Services Ltd has standard payment terms of 60 days. Small to Medium-Sized Enterprises (SME) shall be on payment terms of 30 days from date of invoice. SME shall be as defined by the OECD on their website, i.e. firms employing 250 or less employees.

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

The company has a dedicated Accounts Payable desk. They can be contacted by email Monday to Friday.

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

INCHCAPE MANAGEMENT (SERVICES) LIMITED is a leading management services company based in the United Kingdom. The company offers a wide range of services such as fleet management, vehicle leasing, and procurement solutions to clients across various industries.

In terms of sustainability, INCHCAPE MANAGEMENT (SERVICES) LIMITED has a strong commitment to environmental responsibility. The company has implemented various initiatives to reduce its environmental impact, such as using low-emission vehicles, promoting eco-driving practices, and implementing recycling programs.

The company also offers a range of sustainable products and services, including electric and hybrid vehicles, as well as carbon offsetting options for its clients. This allows clients to reduce their carbon footprint and contribute to the fight against climate change.

The key people at INCHCAPE MANAGEMENT (SERVICES) LIMITED include Chairman Jerry Buhlmann and CEO Duncan Tappy, who bring a wealth of experience and expertise to the company. They are committed to driving the company's growth and sustainability efforts.

For any inquiries or information, INCHCAPE MANAGEMENT (SERVICES) LIMITED can be contacted through their website, https://www.inchcape.co.uk/management-services/, or their registered office address at Inchcape House, Langford Lane, Kidlington, Oxfordshire, OX5 1HT, UK.

In summary, INCHCAPE MANAGEMENT (SERVICES) LIMITED is a leading management services company with a strong focus on sustainability. With a range of sustainable products and services, experienced leadership, and a commitment to environmental responsibility, the company is well-positioned to meet the needs of its clients while also contributing to a more sustainable future.

Financial Metrics

Cash
£2,955,000
Net Worth
-£104,133,000
Total Current Assets
£74,868,000
Total Current Liabilities
£61,959,000

Company Location