MON MOTORS LIMITED

PaymentCheck Score 2023
68Fair
#2919 in UK
#193 in Travel And Transportation
#41 in Wales

Company Information

Company Number
01281826
Registered Address
Cwmbran Ford, Avondale Road, Pontrhydyrun, Cwmbran, Gwent, NP44 1TT
Status
Active
Employee Count
639
Turnover
£315,418,000
EBITDA
£6,133,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 October 1976
Nature of Business
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
Industries
Travel And Transportation
Region
Wales

Time to Pay

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

Payment Timeline

Within 30 Days
60%
31-60 Days
34%
After 60 Days
6%
Not Paid Within Terms49%

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: 2023-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202323 Jul 20243158%33%10%48%
01 Jan 2023 - 30 Jun 202323 Jul 20242962%32%6%45%
01 Jul 2021 - 31 Dec 202115 Jul 20222869%24%6%28%
01 Jan 2021 - 30 Jun 202102 Aug 20212573%23%3%27%
01 Jul 2020 - 31 Dec 202025 Jan 20213561%23%16%49%
01 Jan 2020 - 30 Jun 202031 Dec 20203161%30%9%62%
01 Jul 2019 - 31 Dec 201930 Dec 20203160%33%7%42%
01 Jan 2018 - 31 Dec 201824 Jan 20192664%30%6%60%

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

As a standard process we pay invoices end of month following month of invoice on receipt of a supplier statement.

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

Any disputes are handled in the first instance by our Purchase Ledger team leader or department responsible for purchasing, followed by Financial Controller and ultimately by the Finance Director.

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

MON MOTORS LIMITED is a British automotive company that specializes in the sale of new and used cars, as well as providing servicing and maintenance for various brands. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes the use of energy-efficient technologies in their facilities, as well as promoting eco-friendly practices among their employees. They also offer a range of hybrid and electric vehicles to customers, encouraging the use of greener transportation options.

The company's extensive product range includes popular brands such as Audi, Volkswagen, Skoda, and Seat. They offer both new and used cars, as well as a variety of financing options to make purchasing a vehicle more accessible.

Key people within the company include Managing Director, Geraint Davies, and Sales Director, Mark Bennett. They work alongside a team of experienced and knowledgeable staff to provide excellent customer service and ensure the smooth operation of the company.

MON MOTORS LIMITED's website (www.monmotors.com) offers a comprehensive overview of their products and services, as well as the latest news and promotions. Customers can also use the website to book a service or test drive, and to contact the company for any inquiries.

The registered office address for MON MOTORS LIMITED is Avondale Road, Pontrhydyrun, Cwmbran, NP44 1TT, United Kingdom. This address can also be used for any correspondence or visits to their headquarters.

Financial Metrics

Cash
£7,513,990
Net Worth
£19,171,135
Total Current Assets
£90,133,977
Total Current Liabilities
£78,391,751

Company Location