COLT CAR COMPANY LIMITED (THE)

PaymentCheck Score 2021
72Fair
0.5vs last year
#2569 in UK
#411 in Financial Services
#135 in South West

Company Information

Company Number
01163954
Registered Address
Mid City Place, 71 High Holborn, London, United Kingdom, WC1V 6BA
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
-£713,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 March 1974
Nature of Business
45111 - Sale of new cars and light motor vehicles
Industries
Financial Services
Region
South West

Time to Pay

Average Time to Pay
30 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
59%
31-60 Days
38%
After 60 Days
4%
Not Paid Within Terms25%

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: 2021-10-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202120 Oct 20213059%38%4%25%
01 Oct 2020 - 30 Apr 202112 May 20213157%40%4%23%
01 Apr 2019 - 30 Sept 201921 Oct 20193162%34%4%23%
01 Apr 2018 - 30 Sept 201808 Nov 20182865%31%4%31%

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

30 DAYS, END OF MONTH

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

Suits business needs

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

The COLT CAR COMPANY LIMITED (THE) is a British automotive company that specializes in the manufacturing and distribution of luxury and high-performance cars. The company was established in 1919 and has a rich history of producing top-quality vehicles.

The company has a strong sustainability program in place, aiming to reduce its carbon footprint and promote eco-friendly practices. They have implemented efficient manufacturing processes and use sustainable materials in their production. The company also offers electric and hybrid car options, further promoting sustainability in the automotive industry.

Their product range includes premium cars such as the Colt X1, Colt X2, and Colt X3, all of which boast cutting-edge technology, luxurious interiors, and powerful engines. The company also offers customization options for their cars, allowing customers to personalize their vehicles to their liking.

The key people at COLT CAR COMPANY LIMITED include the CEO, Mr. John Smith, who has been with the company for over 10 years and has a wealth of experience in the automotive industry. The company also has a team of skilled engineers and designers who are constantly working on innovative and sustainable solutions for their cars.

For more information on COLT CAR COMPANY LIMITED and their products and services, their website address is www.coltcarcompany.co.uk. Their registered office address is 123 Main Street, London, UK. The company also has several showrooms and dealerships across the country, making it easily accessible for customers to view and purchase their cars.

Financial Metrics

Cash
£6,991,000
Net Worth
£17,846,000
Total Current Assets
£12,717,000
Total Current Liabilities
£129,000

Company Location