RYCLIFF CARS LIMITED
Company Information
- Company Number
- 02670570
- Registered Address
- 6 Athena Court, Athena Drive Tachbrook Park, Warwick, Warwickshire, CV34 6RT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 December 1991
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles45200 - Maintenance and repair of motor vehicles45320 - Retail trade of motor vehicle parts and accessories
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
RYCLIFF CARS LIMITED demonstrates a generally prompt payment trend with an average payment time of 26 days. A significant majority of 69% of invoices are settled within 30 days, indicating a consistent pattern for most transactions. However, 26% of payments are classified as late, suggesting a recurring portion of invoices will exceed initial payment expectations.
Volatility Analysis
While the majority of payments are within 30 days, the 26% late payments introduce an element of unpredictability for a supplier's cash flow. Specifically, 24% of payments fall into the 31-60 day range, and 7% extend beyond 60 days, indicating a notable risk of significant delays for a minority of invoices. Suppliers should be aware of this variability and the potential for extended receivable periods.
Summary Analysis
RYCLIFF CARS LIMITED presents a moderate payment risk profile, characterized by prompt payments for the majority but a notable percentage of delayed invoices. Suppliers should account for potential delays for approximately one-quarter of invoices, especially the 7% that extend significantly beyond 60 days. Proactive follow-up and clear payment terms are recommended to mitigate cash flow impact and manage expectations.
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 2025 - 30 Jun 2025 | 18 Jul 2025 | 26 | 69% | 24% | 7% | 26% |
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 month in which the invoice is dated. Additionally, specific payment terms are dictated to us by the manufacturer partners for which we operate franchised motor dealerships. The shortest such term is payment for new vehicle purchases, these are generally taken by direct debit following the invoice date which in practice equates to 3 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
Invoices are processed within the Accounts Department at each franchised motor dealership. Any disputed invoices will be queried with the supplier by the Accounts Department with reference to the relevant department or authorising manager where 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.
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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
RYCLIFF CARS LIMITED is an active private limited company specialising in the automotive sector. As indicated by its name, the organisation's primary focus involves activities related to cars.
The company was incorporated on 12 December 1991, operating under company number 02670570. Its registered office is located at 6 Athena Court, Athena Drive Tachbrook Park, Warwick, Warwickshire, CV34 6RT, within the West Midlands region.
Companies with "Cars" in their name typically provide a range of services within the UK automotive market. These often include the sale of new or used vehicles, vehicle servicing and repairs, MOT testing, and the supply of car parts and accessories.
