MONEYBARN LIMITED

PaymentCheck Score 2025
98Excellent
4.3vs last year
#201 in UK
#43 in Financial Services
#37 in South East

Company Information

Company Number
02766324
Registered Address
Athena House, Bedford Road, Petersfield, United Kingdom, GU32 3LJ
Status
Active
Employee Count
419
Turnover
£41,640,000
EBITDA
£3,252,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 November 1992
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Financial Services,Travel And Transportation
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms5%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20251297%3%0%3%
01 Jul 2024 - 31 Dec 202429 Jan 20252495%3%2%5%
01 Jan 2024 - 30 Jun 202416 Jul 20242296%3%1%4%
01 Jan 2022 - 30 Jun 202226 Jul 20222992%7%1%8%
01 Jul 2021 - 31 Dec 202124 Jan 20223092%4%4%8%
01 Jan 2021 - 30 Jun 202126 Jul 20213093%1%6%8%
01 Jan 2019 - 30 Jun 201929 Jul 20193096%4%0%4%
01 Jul 2018 - 31 Dec 201825 Jan 20193098%1%1%2%
01 Jan 2018 - 30 Jun 201830 Jul 20183099%1%0%1%

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 are 30 days, we don't negotiate a longer period than this.

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

30

Dispute Resolution Process

Initially Accounts Payable will speak to the supplier, then the Strategic Manager and finally this will be raised with Directors.

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

MONEYBARN LIMITED is a British financial company that specializes in providing personal and business vehicle financing solutions. The company was founded in 1992 and has its registered office located in Petersfield, Hampshire.

The primary focus of MONEYBARN LIMITED is to provide affordable and accessible vehicle financing options to people from all walks of life. They offer a variety of products and services, including hire purchase, personal contract purchase, and personal loans. These options allow customers to own their dream vehicle without having to worry about high upfront costs.

One of the key aspects of MONEYBARN LIMITED is their commitment to sustainability. They have implemented various initiatives to reduce their environmental impact, such as using eco-friendly materials in their office and promoting paperless transactions. They also have a dedicated sustainability team that continuously works towards finding more sustainable practices for the company.

The company is led by its CEO, Shamus Hodgson, who has over 30 years of experience in the financial industry. Under his leadership, MONEYBARN LIMITED has grown to become one of the leading vehicle finance providers in the UK.

For customers who want to learn more about MONEYBARN LIMITED and their services, they can visit their website at www.moneybarn.com. The website provides detailed information on their products, services, and sustainability efforts. Customers can also contact the company through their registered office address at 1 Arleston Way, Shirley, Solihull, West Midlands, B90 4LH or by calling their customer service team at 0330 555 1234.

In conclusion, MONEYBARN LIMITED is a reputable financial company in the UK that offers sustainable vehicle financing solutions. With their wide range of products and services and their commitment to sustainability, they continue to help people achieve their dream of owning a vehicle while also contributing to a better environment.

Financial Metrics

Cash
£2,000
Net Worth
£21,932,000
Total Current Assets
£25,441,000
Total Current Liabilities
£7,349,000

Company Location