RAC MOTORING SERVICES

PaymentCheck Score 2025
54Fair
5.1vs last year
#3446 in UK
#204 in Road Travel
#192 in West Midlands

Company Information

Company Number
01424399
Registered Address
Rac House, Brockhurst Crescent, Walsall, WS5 4AW
Status
Active
Employee Count
3,763
Turnover
£556,000,000
EBITDA
£114,000,000

Additional Details

Company Type
Private unlimited company
Incorporated On
31 May 1979
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Road Travel
Region
West Midlands

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
31%
31-60 Days
50%
After 60 Days
19%
Not Paid Within Terms0%

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 Jan 2025 - 30 Jun 202529 Jul 20254631%48%21%20%
01 Jul 2024 - 31 Dec 202429 Jan 20254331%50%19%0%
01 Jan 2024 - 30 Jun 202429 Jul 20244530%55%15%0%
01 Jul 2023 - 31 Dec 202331 Jan 20244329%67%4%0%
01 Jan 2022 - 30 Jun 202229 Jul 20222329%66%5%0%
01 Jul 2021 - 31 Dec 202130 Jan 20223040%55%5%0%
01 Jul 2019 - 31 Dec 201928 Jan 20204043%51%6%0%
01 Jan 2019 - 30 Jun 201927 Sept 20194840%52%8%0%
01 Jul 2018 - 31 Dec 201802 Oct 20195242%54%4%0%
01 Jan 2018 - 30 Jun 201802 Oct 20195041%55%4%0%

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 60 days

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

90

Dispute Resolution Process

Disputes are resolved by negotiation between the parties

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

RAC Motoring Services is a British automotive services company that provides a wide range of services to its customers. Their main focus is on providing assistance to drivers, whether it be in the form of roadside assistance, insurance services, or motoring advice.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. This includes promoting the use of electric and hybrid vehicles through their partnership with Electric Vehicle Network and offering green insurance policies. They also have a recycling program in place for used batteries and tires.

One of RAC's main products is their roadside assistance service, which provides 24/7 support to drivers in case of breakdowns or accidents. They also offer insurance policies for cars, motorcycles, and other vehicles, as well as home and pet insurance. In addition, RAC offers motoring advice and information through their website and mobile app, including route planning, fuel prices, and traffic updates.

The key people at RAC include CEO Dave Hobday and Chief Marketing Officer Lisa Kerr, who are both dedicated to providing high-quality services to their customers. The company has over 8 million members and is backed by a network of independent contractors and partners.

For more information and to access their services, customers can visit RAC's website at www.rac.co.uk. The company's registered office address is RAC House, Brockhurst Crescent, Walsall, WS5 4AW. Overall, RAC Motoring Services is a reputable and sustainable company that prioritizes providing reliable and eco-friendly services to its customers.

Financial Metrics

Cash
£7,000,000
Net Worth
£317,000,000
Total Current Assets
£392,000,000
Total Current Liabilities
£348,000,000

Company Location