BLUE MOTOR FINANCE LIMITED
Company Information
- Company Number
- 02738187
- Registered Address
- Darenth House, 84 Main Road, Sundridge, Kent, United Kingdom, TN14 6ER
- Status
- Active
- Employee Count
- 244
- Turnover
- £88,866,000
- EBITDA
- £58,563,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 August 1992
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services,Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 28 Jul 2025 | 18 | 81% | 19% | 0% | 47% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 16 | 87% | 12% | 1% | 34% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 11 | 95% | 5% | 0% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 10 | 95% | 5% | 0% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Aug 2023 | 10 | 97% | 2% | 1% | 6% |
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
Blue Motor Finance Limited agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the Group’s policy is to pay within 30 days of receipt of a valid invoice. The most frequently agreed term with suppliers is 30 days from receipt of a valid invoice.
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
Blue Motor Finance Limited and the supplier will first attempt to resolve any dispute by referring it for formal discussion between Blue Motor Finance Limited authorised representative and the supplier (both acting reasonably and in good faith). If Blue Motor Finance Limited authorised representative and the supplier are for any reason unable to resolve the dispute within 14 days of the date of its referral to them, the dispute may be referred to court by either Blue Motor Finance Limited or the supplier.
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
Blue Motor Finance Limited is a UK-based company that specializes in providing financial solutions for purchasing motor vehicles. Established in 2010, the company has become a leading provider of finance for both individuals and businesses in the UK.
The company offers various finance options, including hire purchase, personal contract purchase, and personal loans, to help customers purchase their desired vehicles. They also offer a range of insurance products to protect their customers' vehicles and finances.
Blue Motor Finance Limited is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a recycling program in place and actively promote the use of electric and hybrid vehicles to reduce carbon emissions.
The company's key people include the managing director, Andrew Rees, and the operations director, Ian Russell. Both have extensive experience in the automotive and finance industries.
Customers can contact Blue Motor Finance Limited through their website, which also provides a wealth of information about their products and services. The company's registered office address is located in Hampshire, UK.
In summary, Blue Motor Finance Limited is a leading UK-based finance company that specializes in providing financial solutions for purchasing motor vehicles. They have a strong focus on sustainability and offer a variety of finance and insurance products to meet their customers' needs. With experienced leadership and a commitment to reducing their environmental impact, Blue Motor Finance Limited is a reliable and responsible choice for financing your next vehicle.
