BENTLEY MOTORS LIMITED

PaymentCheck Score 2021
56Fair
6.3vs last year
#4010 in UK
#158 in Supply Chain
#308 in North West

Company Information

Company Number
00992897
Registered Address
Pym's Lane, Crewe, Cheshire, CW1 3PL
Status
Active
Employee Count
3,985
Turnover
£2,905,600,000
EBITDA
£925,600,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 October 1970
Nature of Business
29100 - Manufacture of motor vehicles
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
37%
31-60 Days
53%
After 60 Days
10%
Not Paid Within Terms24%

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: 2022-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202131 Mar 20224737%53%10%24%
01 Jul 2020 - 31 Dec 202019 Mar 20214935%55%10%26%
01 Jan 2020 - 30 Jun 202015 Sept 20205425%59%16%36%
01 Jan 2019 - 30 Jun 201923 Jul 20195626%61%13%27%
01 Jul 2018 - 31 Dec 201812 Feb 20195228%61%11%22%
01 Jan 2018 - 30 Jun 201819 Nov 20185326%62%12%25%

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

Standard payment terms are net monthly, invoices are paid the month after receipt of invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

A concern will be considered by the accounts payable team member for the account who if they cannot resolve the concern, will forward on the concern to the appropriate person, i.e. buyer in purchase if pricing concern or logistics department if relates to quantity issue.

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

BENTLEY MOTORS LIMITED is a British luxury automotive company that specializes in high-end luxury cars. Founded in 1919, the company has established itself as a leading name in the automotive industry, known for its exceptional craftsmanship and attention to detail.

The company's sustainability program is a key focus, with a commitment to reducing environmental impact and promoting sustainable practices throughout the entire supply chain. This includes using sustainable materials, implementing energy-efficient processes, and promoting recycling and waste reduction.

BENTLEY MOTORS LIMITED offers a range of luxury cars, including the iconic Continental GT, Flying Spur, and Bentayga. These cars are known for their exquisite design, advanced technology, and powerful performance. The company also offers customization options, allowing customers to personalize their vehicles to their preferences.

The key people at BENTLEY MOTORS LIMITED include Adrian Hallmark, the Chairman and CEO, and Stefan Sielaff, the Director of Design. Under their leadership, the company has continued to innovate and maintain its position as a leader in the luxury car market.

Contact information for BENTLEY MOTORS LIMITED can be found on their website, which also provides information on their products, services, and sustainability efforts. The registered office address is Pyms Lane, Crewe, Cheshire, CW1 3PL, United Kingdom.

In conclusion, BENTLEY MOTORS LIMITED is a prestigious British company that offers luxury cars, with a strong focus on sustainability. With a talented team of leaders and a commitment to innovation and sustainability, the company continues to be a top choice for luxury car enthusiasts.

Financial Metrics

Cash
£553,800,000
Net Worth
£106,700,000
Total Current Assets
£1,041,300,000
Total Current Liabilities
£1,377,300,000

Company Location