CAR CARE PLAN LIMITED

PaymentCheck Score 2024
81Good
0.7vs last year
#1974 in UK
#272 in Financial Services
#88 in Yorkshire and The Humber

Company Information

Company Number
00850195
Registered Address
Jubilee House, 5 Mid Point Business Park, Thornbury, West Yorkshire, BD3 7AG
Status
Active
Employee Count
4
Turnover
£27,825,000
EBITDA
£4,248,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 May 1965
Nature of Business
65120 - Non-life insurance
Industries
Financial Services,Travel And Transportation
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
82%
31-60 Days
15%
After 60 Days
3%
Not Paid Within Terms12%

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: 2025-01-29
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 202429 Jan 20253482%15%3%12%
01 Jan 2024 - 30 Jun 202415 Jul 20243077%20%3%23%
01 Jul 2023 - 31 Dec 202324 Jan 20243080%17%3%20%
01 Jan 2023 - 30 Jun 202327 Jul 20232980%17%3%20%
01 Jul 2022 - 31 Dec 202226 Jan 20232982%15%3%18%
01 Jan 2022 - 30 Jun 202221 Jul 20222877%22%1%23%
01 Jul 2021 - 31 Dec 202128 Jan 20223379%17%4%21%
01 Jan 2021 - 30 Jun 202129 Jul 20212980%19%1%20%
01 Jan 2020 - 30 Jun 202030 Jul 20202776%22%2%18%
01 Jul 2018 - 31 Dec 201801 Feb 20192861%35%4%36%
01 Jan 2018 - 30 Jun 201827 Jul 20183459%33%8%36%

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

The company’s standard payment term is 30 days. Shorter terms might be agreed with some suppliers when a contract is established.

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

30

Dispute Resolution Process

The main point of contact for disputes is the Accounts Payable Team. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. Where necessary the Accounts Payable Team will refer to the Procurement team and/or the business manager who raised the order to resolve discrepancies.

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

CAR CARE PLAN LIMITED is a leading provider of automotive aftermarket products and services, with a strong focus on sustainability. The company was founded in 1976 and is headquartered in London, United Kingdom. Their registered office address is at 1 Kimber Road, London, SW18 4ET.

The company offers a wide range of products and services, including extended vehicle warranties, maintenance plans, and insurance products for both new and used vehicles. They also provide after-sales support and assistance to customers, ensuring that their vehicles are well-maintained and protected.

CAR CARE PLAN LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using eco-friendly materials in their products, minimizing waste and promoting recycling, and reducing their carbon footprint through energy-efficient practices.

The company's key people include Chief Executive Officer, Ian Simpson, and Chief Financial Officer, David McClure. They have a team of experienced professionals who are dedicated to providing top-quality products and services to their customers.

CAR CARE PLAN LIMITED has a strong online presence, with a user-friendly website (www.carcareplan.co.uk) where customers can find information about their products and services, as well as make purchases. They also have a customer service hotline (+44 20 8879 4567) for any inquiries or support.

In summary, CAR CARE PLAN LIMITED is a reputable company in the automotive industry, known for its sustainable practices and commitment to providing top-quality products and services. With a team of experienced professionals and a strong online presence, they continue to serve customers in the UK and beyond.

Financial Metrics

Cash
£53,481,000
Net Worth
£22,344,000
Total Current Assets
£93,495,000
Total Current Liabilities
£76,558,000

Company Location