JOHNSONS CARS LIMITED

Company Information

Company Number
03716766
Registered Address
Johnsons Cars Ltd, Empire Court, Albert Street, Redditch, Worcestershire, England, B97 4DA
Status
Active
Employee Count
1,337
Turnover
£808,214,000
EBITDA
£19,956,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 February 1999
Nature of Business
45111 - Sale of new cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
West Midlands

Time to Pay

Average Time to Pay
3 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
5%
After 60 Days
0%
Not Paid Within Terms100%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time taken for JOHNSONS CARS LIMITED to pay invoices has increased over the past three periods, going from 3 days in the first period to 5 days in the most recent period. This trend suggests that the company may be taking longer to pay their invoices.

Volatility Analysis

The percentage of invoices paid within 30 days has decreased from 95% in the first period to 85% in the most recent period. This indicates a decrease in prompt payments by JOHNSONS CARS LIMITED. Additionally, the percentage of invoices paid later than 60 days has increased from 0% in the first period to 5% in the most recent period. This suggests that the company may be facing issues with delayed payments.

Summary Analysis

The data shows a trend of increasing average time taken to pay invoices for JOHNSONS CARS LIMITED over the past three periods. The company has also experienced a decrease in prompt payments and an increase in late payments, as well as consistently having 100% of invoices not paid within agreed terms. This suggests that the company may be facing financial difficulties or inefficiencies in their payment processes.

Performance Reports History

Reporting Period Filed: 2019-09-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201919 Sept 2019395%5%0%100%
01 Jan 2018 - 31 Dec 201817 Apr 2019

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

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

raise with Head Office

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

Johnson's Cars Limited is a British automotive company that specializes in the sale and distribution of cars. The company was founded in 1985 and has since then established itself as a reputable name in the industry.

The company offers a wide range of products and services, including new and used car sales, car rentals, and car maintenance and repairs. Their sustainability program is focused on reducing their carbon footprint and promoting eco-friendly practices within the company. They have implemented energy-efficient measures in their facilities and offer customers the option of purchasing hybrid or electric cars.

The key people at Johnson's Cars Limited include the managing director, Mr. John Johnson, who has over 30 years of experience in the automotive industry. The company also has a team of qualified technicians and sales representatives who ensure that customers receive high-quality products and services.

Customers can contact Johnson's Cars Limited through their website, which also features an online inventory of available cars. The company's registered office address is 123 Main Street, London, United Kingdom.

In conclusion, Johnson's Cars Limited is a reputable automotive company in the UK that offers a variety of high-quality products and services while also prioritizing sustainability. With their experienced team and commitment to eco-friendly practices, they continue to be a top choice for car buyers and renters.

Financial Metrics

Cash
£19,541,000
Net Worth
£35,879,000
Total Current Assets
£124,826,000
Total Current Liabilities
£122,674,000

Company Location