AUTOHORN FLEET SERVICES LIMITED
Company Information
- Company Number
- 03088452
- Registered Address
- Alfies Barn Wigginton Road, Wigginton, York, England, YO32 2RJ
- Status
- Active
- Employee Count
- 58
- Turnover
- £49,773,000
- EBITDA
- £6,694,000
Additional Details
- Website
- https://1stcarleasing.com/
- Company Type
- Private limited Company
- Incorporated On
- 7 August 1995
- Nature of Business
- 77110 - Renting and leasing of cars and light motor vehicles96090 - Other service activities not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for AUTOHORN FLEET SERVICES LIMITED has decreased over the three periods, from 28 days in Jan 2021 to 26 days in Jun 2022. This indicates that the company has been paying their invoices faster over time.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a slight decrease from 58% in Jan 2021 to 57% in Jun 2022. However, there has been a larger fluctuation in the percentage of invoices paid between 31 and 60 days, with a high of 45% in Jul 2021 and a low of 35% in Jan 2022. The percentage of invoices paid later than 60 days has also varied, with a high of 7% in Jun 2021 and a low of 2% in Jul 2021.
Summary Analysis
Over the three periods, AUTOHORN FLEET SERVICES LIMITED has improved their average time to pay by 2 days, from 28 days in Jan 2021 to 26 days in Jun 2022. This improvement is reflected in the decrease in the percentage of invoices paid between 31 and 60 days, from 45% in Jul 2021 to 40% in Jan 2022. However, this improvement seems to have come at the expense of paying invoices within 30 days, with a decrease from 58% in Jan 2021 to 57% in Jun 2022.
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 | 03 Aug 2022 | 26 | 57% | 40% | 3% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Feb 2022 | 27 | 53% | 45% | 2% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 28 | 58% | 35% | 7% | 0% |
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
Payment terms are usually within 30 days with certain exceptions for individual suppliers as applied in the contracts.
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
60
Dispute Resolution Process
Initially between the purchase ledger team and the supplier. This can be escalated to Head of Finance if necessary or the individual within the business who is responsible for the supplier relationship.
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.
❌
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
Autohorn Fleet Services Limited is a UK-based company that specializes in vehicle leasing and fleet management services. Founded in 1995, the company has a strong focus on sustainability and offers a range of eco-friendly products and services to its clients.
The company's sustainability program includes initiatives such as carbon offsetting, investing in electric and hybrid vehicles, and promoting sustainable driving practices. They have also implemented a green fleet management system, which helps clients reduce their carbon footprint and lower their overall costs.
Autohorn Fleet Services Limited offers a variety of products and services, including vehicle leasing, fleet management, and short-term rentals. They have a wide range of vehicles available, from small cars to commercial vans, and also offer bespoke solutions for specific business needs.
The company is led by Managing Director, Robert Smith, who has over 20 years of experience in the fleet management industry. Under his leadership, Autohorn Fleet Services Limited has become a leading player in the market, known for its commitment to sustainability and excellent customer service.
For more information about their products and services, or to get in touch with the company, you can visit their website at www.autohornfleet.co.uk. Their registered office address is Autohorn Limited, Unit 6, Apollo Business Village, York, YO26 6RW, United Kingdom.
In summary, Autohorn Fleet Services Limited is a reputable company that offers sustainable fleet management solutions and a wide range of vehicles for lease or rental. With a strong focus on sustainability and a dedicated team of professionals, the company continues to grow and make a positive impact in the industry.
