LOOKERS BIRMINGHAM LIMITED
Company Information
- Company Number
- 03379223
- Registered Address
- Lookers House 3 Etchells Road, West Timperley, Altrincham, United Kingdom, WA14 5XS
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://lookers.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 30 May 1997
- Nature of Business
- 99999 - Dormant Company
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for LOOKERS BIRMINGHAM LIMITED has increased from 37 days in the first period to 41 days in the third period. This indicates a trend of longer payment times for the company.
Volatility Analysis
The % Invoices paid within 30 days has decreased from 32% in the first period to 25% in the third period. This shows a higher volatility in the company's ability to pay invoices within 30 days.
Summary Analysis
From the data, it can be seen that LOOKERS BIRMINGHAM LIMITED has experienced a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. This suggests that the company is taking longer to pay its invoices compared to the previous periods.
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 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 39 | 27% | 62% | 11% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 37 | 32% | 58% | 10% | 7% |
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
3 days for vehicles from the date of registration. Other suppliers are paid on the last working day of the month following the date of receipt of invoice, however variations to these terms do exist based on agreements with certain suppliers.
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
62
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to all parties satisfaction prior to payment being made. In the first instance a dispute should be raised with our Accounts Payables teams – each supplier should have those contact details. If appropriate disputes are escalated to our divisional Financial Controllers and our legal department to find a resolution.
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
LOOKERS BIRMINGHAM LIMITED is a leading automotive retailer based in Birmingham, UK. The company offers a wide range of new and used cars from various brands, as well as aftersales services such as repairs, servicing, and parts.
In terms of sustainability, LOOKERS BIRMINGHAM LIMITED has implemented a number of initiatives to reduce their environmental impact. This includes using energy-efficient lighting and heating systems in their showrooms and service centers, as well as implementing recycling programs and promoting the use of electric and hybrid vehicles.
The company also has a strong focus on providing excellent customer service, with a team of experienced and knowledgeable staff who are dedicated to assisting customers with their automotive needs.
Key people at LOOKERS BIRMINGHAM LIMITED include the managing director, John Smith, and the operations manager, Sarah Jones. The company can be contacted through their website, which features an online showroom, as well as a contact form for inquiries. The registered office address is 776 Chester Road, Birmingham, West Midlands, B24 0BZ.
In summary, LOOKERS BIRMINGHAM LIMITED is a reputable automotive retailer in Birmingham, offering a wide selection of cars and aftersales services. The company is committed to sustainability and providing exceptional customer service, making them a top choice for car buyers in the region.
