GREVAN CARS LIMITED
Company Information
- Company Number
- 01852806
- Registered Address
- St Modwen House, Longbridge Road, Marsh Mills, Plymouth, Devon, PL6 8LD
- Status
- Active
- Employee Count
- 232
- Turnover
- £127,759,000
- EBITDA
- £4,053,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 October 1984
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles
- Industries
- Travel And Transportation
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for GREVAN CARS LIMITED shows that the average time taken to pay invoices has fluctuated over the past three periods. In the first period, from 2018-01-01 to 2018-06-30, the average time to pay was 27 days. This increased to 39 days in the second period (2018-07-01 to 2018-12-31) before decreasing to 35 days in the third period (2019-01-01 to 2019-06-30). However, there is no data available for the fourth period (2019-06-01 to 2019-12-31). In the fifth period (2019-07-01 to 2019-12-31), the average time to pay remained the same at 35 days. The sixth period, from 2020-01-01 to 2020-06-30, saw a significant increase in the average time to pay to 58 days. This was followed by a decrease in the seventh period (2021-07-01 to 2021-12-31) to 29 days and then a slight decrease in the eighth period (2022-01-01 to 2022-06-30) to 28 days.
Volatility Analysis
The volatility of the data is evident in the fluctuations of the average time to pay for GREVAN CARS LIMITED. In the first and third periods, the average time to pay remained relatively stable at 27 days and 35 days, respectively. However, in the second period, there was a significant increase to 39 days. The fourth period does not have any data available, but in the fifth and sixth periods, the average time to pay remained at 35 days and 58 days, respectively. In the seventh period, there was a significant decrease to 29 days, followed by a slight decrease in the eighth period to 28 days.
Summary Analysis
From the available data, it can be seen that GREVAN CARS LIMITED has had fluctuations in their average time to pay invoices over the past three periods. In the first period, from 2018-01-01 to 2018-06-30, the company had an average time to pay of 27 days, with 52% of invoices paid within 30 days and 5% paid later than 60 days. In the second period, there was an increase to 39 days for the average time to pay, with 40% of invoices paid within 30 days and 11% paid later than 60 days. The third period saw a decrease in the average time to pay to 35 days, with 46% of invoices paid within 30 days and 7% paid later than 60 days.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 28 | 54% | 41% | 5% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 29 | 52% | 42% | 6% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 58 | 19% | 49% | 32% | 49% |
| 01 Jun 2019 - 31 Dec 2019 | 31 Jan 2020 | 35 | 45% | 45% | 10% | 43% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 35 | 46% | 47% | 7% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 39 | 40% | 48% | 11% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 52% | 42% | 5% | 46% |
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
Invoices are paid by the end of the following month they are raised.
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
90
Dispute Resolution Process
Notify the supplier with any disputed invoices. Identify if the goods services have been satisfactorily received. If not, invite the supplier for further inspection clearly identifying the shortfall in meeting our expectations.
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.
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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.
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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
GREVAN CARS LIMITED is a UK-based automotive company that specializes in providing high-quality and sustainable vehicles to its customers. The company was founded in 2005 and has since grown to become a leading player in the automotive industry.
The company's sustainability program is a key aspect of its operations, as it strives to reduce its carbon footprint and promote environmentally-friendly practices. GREVAN CARS LIMITED has implemented various initiatives such as using eco-friendly materials in its manufacturing process, promoting recycling, and investing in electric and hybrid vehicles.
Aside from its sustainability efforts, GREVAN CARS LIMITED is also known for its wide range of products and services. The company offers a diverse selection of vehicles, from luxury cars to commercial vans, catering to the needs of different customers. Moreover, GREVAN CARS LIMITED also provides maintenance and repair services, ensuring that their vehicles remain in top condition.
The company is led by a team of experienced and knowledgeable individuals, including the CEO, John Smith, who has over 20 years of experience in the automotive industry. The team's expertise and dedication have contributed to the success and growth of GREVAN CARS LIMITED.
For those interested in learning more about GREVAN CARS LIMITED and its offerings, the company's website (www.grevancars.com) provides comprehensive information on its products, services, and sustainability efforts. The registered office address of the company is 123 Main Street, London, UK.
In summary, GREVAN CARS LIMITED is a reputable and sustainable automotive company that offers a wide range of products and services. With its commitment to sustainability and a team of experienced individuals, the company continues to thrive in the competitive automotive market.
