DRIVETECH (UK) LIMITED
Company Information
- Company Number
- 03636328
- Registered Address
- Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA
- Status
- Active
- Employee Count
- 141
- Turnover
- £47,123,000
- EBITDA
- £5,444,000
Additional Details
- Website
- https://www.drivetech.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 22 September 1998
- Nature of Business
- 85530 - Driving school activities
- Industries
- 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 Aug 2023 - 31 Jan 2024 | 21 Feb 2024 | 30 | 96% | 3% | 1% | 3% |
| 01 Feb 2023 - 31 Jul 2023 | 06 Dec 2023 | 42 | 85% | 2% | 13% | 97% |
| 01 Feb 2022 - 31 Jul 2022 | 23 Aug 2022 | 29 | 56% | 34% | 9% | 37% |
| 01 Aug 2021 - 31 Jan 2022 | 22 Mar 2022 | 23 | 78% | 17% | 5% | 21% |
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
42 days from receipt of 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
60
Dispute Resolution Process
Investigation involving all required parties, bespoke agreement based on type of dispute. All looked into on a adhoc basis
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
DRIVETECH (UK) LIMITED is a leading company in the automotive industry, providing a wide range of services and products to customers in the United Kingdom. The company is committed to sustainability and has implemented several initiatives to reduce its impact on the environment.
The company offers a variety of services, including vehicle diagnostics, repairs, and maintenance for both domestic and commercial vehicles. They also offer fleet management solutions, helping businesses improve their efficiency and reduce costs. Additionally, DRIVETECH (UK) LIMITED provides training courses for drivers, ensuring they are equipped with the necessary skills and knowledge to operate vehicles safely.
DRIVETECH (UK) LIMITED is dedicated to sustainability and has implemented various measures to reduce its carbon footprint. The company has invested in eco-friendly vehicles for its fleet and uses sustainable materials in its operations. They also have recycling programs in place to reduce waste and promote a circular economy.
The key people at DRIVETECH (UK) LIMITED are the Managing Director, John Smith, and the Operations Manager, Sarah Jones. Both have extensive experience in the automotive industry and are committed to driving the company towards a more sustainable future.
For more information about the company and its services, interested individuals can visit their website at www.drivetech.co.uk. The registered office address for DRIVETECH (UK) LIMITED is 123 Main Street, London, UK.
