AUTOMOBILE ASSOCIATION DEVELOPMENTS LIMITED

PaymentCheck Score 2025
88Good
8.6vs last year
#1057 in UK
#189 in Financial Services
#186 in South East

Company Information

Company Number
01878835
Registered Address
Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA
Status
Active
Employee Count
6,775
Turnover
£652,000,000
EBITDA
£72,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 January 1985
Nature of Business
82990 - Other business support service activities not elsewhere classified
85530 - Driving school activities
94990 - Activities of other membership organisations not elsewhere classified
Industries
Financial Services,Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
7 days
Shortest Period:0 days
Longest Period:84 days
Max Contractual:84 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms9%

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: 2024-11-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202504 Nov 2025796%2%2%58%
01 Aug 2024 - 31 Jan 202529 May 2025798%1%1%10%
01 Feb 2024 - 31 Jul 202429 May 2025797%1%2%11%
01 Feb 2023 - 31 Jul 202326 Feb 2024798%1%1%10%
01 Aug 2022 - 31 Jan 202326 Feb 2024798%1%1%8%
01 Feb 2022 - 31 Aug 202204 Oct 2022798%1%1%6%
01 Aug 2021 - 31 Jan 202204 Oct 2022599%0%1%7%
01 Aug 2020 - 31 Jan 202108 Jul 2021699%0%1%5%
01 Feb 2020 - 31 Jul 202027 Aug 2020797%1%2%8%
01 Aug 2019 - 31 Jan 202026 Feb 2020795%3%2%8%
01 Aug 2018 - 31 Jan 201922 Feb 2019790%6%4%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

The vast majority of our credit terms are with garages that are on zero day 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

84

Dispute Resolution Process

We have a no PO no pay policy in place which reduces the number of unrecognised invoices. A statement will be received from the company and reconciled by the accounts payable team. Disputes are recorded and escalated as appropriate.

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

Automobile Association Developments Limited (AAD) is a UK-based company that provides a wide range of automotive products and services. The company was established in 1905 and has since become one of the leading providers of motoring assistance, insurance, and driving school services.

AAD is committed to promoting sustainability and reducing its environmental impact. The company has implemented various initiatives, such as using eco-friendly vehicles for its patrols and reducing paper usage by moving towards digital processes. AAD also offers eco-driving courses to help drivers reduce their carbon footprint.

The company's products and services include breakdown cover, car insurance, driving lessons, and vehicle inspections. AAD's breakdown cover includes roadside assistance, home start, and onward travel services. The company's car insurance policies offer comprehensive coverage, with options for additional features such as breakdown cover and legal expenses.

The key people at AAD include the CEO, Simon Breakwell, and the Chairman, Edmund King. The company's registered office address is Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA. AAD can be contacted through its website, www.theaa.com, or by phone at 0800 085 2721.

In summary, AAD is a well-established company that offers a range of automotive products and services, with a commitment to sustainability. With its reliable and comprehensive services, AAD continues to be a trusted and preferred choice for many motorists in the UK.

Financial Metrics

Cash
£79,000,000
Net Worth
£1,108,000,000
Total Current Assets
£1,350,000,000
Total Current Liabilities
£621,000,000

Company Location