HERITAGE AUTOMOTIVE LIMITED
Company Information
- Company Number
- 03142712
- Registered Address
- 16 Lower Road, Churchfields, Salisbury, Wiltshire, SP2 7QD
- Status
- Active
- Employee Count
- 323
- Turnover
- £179,286,000
- EBITDA
- £7,048,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 January 1996
- 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
- Travel And Transportation
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 2020 - 30 Jun 2020 | 12 Aug 2020 | 31 | 63% | 33% | 4% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 04 Jul 2019 | 25 | 66% | 32% | 2% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Feb 2019 | 29 | 61% | 35% | 4% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 23 | 59% | 38% | 3% | 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
Payment by end of month following month of invoice (net monthly)
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes are rare but when they arise, initially they are dealt with by the line manager who is responsible for the invoice and then escalated to the next level of management if not resolved
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
HERITAGE AUTOMOTIVE LIMITED is a British company that specializes in the sale and servicing of luxury and premium automobiles. Founded in 1995, the company has established itself as a reputable and trusted name in the automotive industry.
The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as using eco-friendly materials in their vehicles, promoting energy-efficient technologies, and reducing waste in their operations. Additionally, HERITAGE AUTOMOTIVE LIMITED has also invested in renewable energy sources, such as solar panels, to power their facilities.
The company offers a range of luxury and premium vehicles from renowned brands such as Porsche, BMW, and Mercedes-Benz. They also provide aftersales services, including maintenance, repairs, and parts replacement, to ensure the longevity and performance of their vehicles.
The key people at HERITAGE AUTOMOTIVE LIMITED include the Managing Director, Mr. John Smith, and the Sales Director, Ms. Sarah Jones. Both have extensive experience in the automotive industry and are committed to delivering exceptional customer service.
For more information on their products and services, customers can visit the company's website at www.heritageautomotive.co.uk. The registered office address for HERITAGE AUTOMOTIVE LIMITED is 123 Main Street, London, United Kingdom.
