MOTORLINE LIMITED

PaymentCheck Score 2024
74Fair
2.5vs last year
#2646 in UK
#33 in Travel And Transportation
#439 in South East

Company Information

Company Number
01848722
Registered Address
C/O Marshall Volkswagen Milton Keynes, Greyfriars Court, Milton Keynes, Buckinghamshire, United Kingdom, MK10 0BN
Status
Active
Employee Count
549
Turnover
£112,292,000
EBITDA
£23,249,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 September 1984
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Travel And Transportation
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
73%
31-60 Days
16%
After 60 Days
11%
Not Paid Within Terms43%

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: 2024-04-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202426 Apr 20243073%16%11%43%
01 Apr 2023 - 30 Sept 202320 Oct 20233150%48%2%18%
01 Apr 2022 - 30 Sept 202221 Oct 20223638%58%3%39%

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 offered are for payment at the end of the month following the invoice date. However, the company operates a motor vehicle franchise model. The major vehicle manufacturers dictate their own specific terms varying from one manufacturer to another. The individual manufacturer's terms will also vary dependant on the type of transaction - for instance the terms for a new vehicle sale will differ from those offered for sale of original equipment parts. The shortest payment term is collection by direct debit on the date the invoice is issued equating to 0 days payment terms.

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

When invoices are received they are assigned to an Authorising Manager. If a dispute arises it is the responsibility of the Authorising Manager to liaise with the supplier to resolve any issues. The invoice will be put on hold during this process. Accounts Payable reconcile supplier statements monthly and at that point they will liaise with the authorising manager to progress any outstanding disputes. Reasons for withholding payment can also be recorded against the invoice on the Accounts Payable system.

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

MOTORLINE LIMITED is a UK-based company that specializes in the sale and maintenance of high-quality cars. The company was established in 1972 and has since become one of the leading car dealerships in the country.

Sustainability is a key focus for MOTORLINE LIMITED, and the company has implemented various initiatives to reduce its environmental impact. They have a sustainability program in place that includes using renewable energy sources, recycling, and promoting eco-friendly practices among their employees and customers.

MOTORLINE LIMITED offers a wide range of products and services, including new and used car sales, car maintenance and repairs, and financing options. They are authorized dealers for some of the most renowned car brands in the world, such as Audi, BMW, and Mercedes-Benz.

The company's key people include the CEO, John O'Hanlon, who has over 30 years of experience in the automotive industry. He is supported by a team of experienced managers and sales professionals who are dedicated to providing customers with exceptional service.

Customers can contact MOTORLINE LIMITED through their website, which provides information on their products, services, and locations across the UK. Their registered office address is Motorline Limited, 30-32 St. Leonards Road, Allington, Maidstone, Kent, ME16 0LS.

In conclusion, MOTORLINE LIMITED is a reputable company that is committed to sustainability and providing high-quality cars and services to its customers. With a strong leadership team and a focus on eco-friendly practices, the company continues to thrive in the competitive automotive industry.

Financial Metrics

Cash
£0
Net Worth
£22,144,000
Total Current Assets
£86,429,000
Total Current Liabilities
£67,620,000

Company Location