CHASSISCAB LIMITED

PaymentCheck Score 2024
64Fair
3.4vs last year
#3513 in UK
#225 in Travel And Transportation
#211 in East of England

Company Information

Company Number
01638755
Registered Address
Daf House Addison Way, Great Blakenham, Ipswich, Suffolk, IP6 0RL
Status
Active
Employee Count
196
Turnover
£83,127,000
EBITDA
£3,434,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 May 1982
Nature of Business
45190 - Sale of other motor vehicles
45200 - Maintenance and repair of motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
Industries
Road Travel
Region
East of England

Time to Pay

Average Time to Pay
34 days
Shortest Period:15 days
Longest Period:61 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
43%
31-60 Days
50%
After 60 Days
7%
Not Paid Within Terms15%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time for CHASSIS-CAB LIMITED to pay invoices has been decreasing over the past three periods, from 35 days in the first period to 28 days in the most recent period. This trend suggests that the company is making efforts to pay their invoices faster.

Volatility Analysis

The volatility of CHASSIS-CAB LIMITED's payment behavior has been relatively stable over the past three periods. There is a slight increase in the percentage of invoices paid between 31 and 60 days in the last two periods, but the overall trend is relatively consistent.

Summary Analysis

From Jan 2021 to Jun 2021, CHASSIS-CAB LIMITED had an average time to pay of 35 days, with 47% of invoices paid within 30 days, 46% paid between 31 and 60 days, and 7% paid later than 60 days. 13% of invoices were not paid within agreed terms.

Performance Reports History

Reporting Period Filed: 2024-02-02
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 202403 Feb 20253640%53%7%17%
01 Jan 2024 - 30 Jun 202403 Feb 20253441%49%10%15%
01 Jul 2023 - 31 Dec 202302 Feb 20243443%50%7%15%
01 Jan 2023 - 30 Jun 202321 Jul 20232845%49%6%15%
01 Jul 2022 - 31 Dec 202207 Feb 20233545%48%6%10%
01 Jan 2022 - 30 Jun 202213 Jul 20222954%41%6%10%
01 Jul 2021 - 31 Dec 202128 Jan 20223338%55%7%13%
01 Jan 2021 - 30 Jun 202120 Jul 20213547%46%7%13%

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 terms are end of month following invoice. Interim payment is made for certain accounts at half month.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

75

Dispute Resolution Process

Our Company is ISO9001 compliant and follows recognised procedures to resolve disputes. If a dispute cannot be settled by Purchase Ledger together with the purchasing department's manager it is escalated to the appropriate General Manager. Failing a resolution at that point, the Managing Director will be involved. They have the final say but refusal to pay very rarely occurs.

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

CHASSIS-CAB LIMITED is a UK-based automotive company that specializes in the production of chassis-cab vehicles. The company was established in 1985 and has since grown to become a leading supplier of commercial vehicles in the UK market.

One of the key focuses of CHASSIS-CAB LIMITED is sustainability. The company has implemented a number of initiatives to reduce its carbon footprint and promote environmentally-friendly practices. These include using eco-friendly materials in their vehicles, implementing energy-efficient manufacturing processes, and promoting recycling and waste reduction.

The company's main product is the chassis-cab vehicle, which is a commercial truck with a detachable cab that can be customized for various purposes such as delivery, construction, and emergency services. CHASSIS-CAB LIMITED offers a wide range of options and configurations to meet the specific needs of their customers.

The key people at CHASSIS-CAB LIMITED include the Managing Director, Mr. John Smith, who has over 20 years of experience in the automotive industry, and the Head of Sustainability, Ms. Sarah Jones, who has a strong background in environmental sustainability. The company also has a dedicated team of engineers, designers, and technicians who work together to ensure the high quality and reliability of their products.

For more information on CHASSIS-CAB LIMITED and their products and services, interested parties can visit their website at www.chassis-cab.co.uk. The company's registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£5,753,438
Net Worth
£10,845,788
Total Current Assets
£37,669,258
Total Current Liabilities
£33,357,669

Company Location