MARRIOTT MOTOR GROUP LIMITED

PaymentCheck Score 2024
80Good
1.6vs last year
#2137 in UK
#103 in Travel And Transportation
#123 in East of England

Company Information

Company Number
03723299
Registered Address
Wolsey House, Sproughton Road, Ipswich, Suffolk, IP1 5AN
Status
Active
Employee Count
374
Turnover
£178,212,000
EBITDA
£3,936,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 February 1999
Nature of Business
45320 - Retail trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
21 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
71%
31-60 Days
26%
After 60 Days
3%
Not Paid Within Terms31%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202413 Feb 20252271%27%2%29%
01 Jan 2024 - 30 Jun 202426 Jul 20242171%26%3%31%
01 Jul 2023 - 31 Dec 202301 Jul 20242172%27%1%29%
01 Jan 2023 - 30 Jun 202301 Jul 20241973%26%1%29%
01 Jul 2022 - 31 Dec 202206 Feb 20232563%37%0%18%
01 Jan 2022 - 30 Jun 202211 Nov 20222660%39%1%18%
01 Jan 2020 - 30 Jun 202030 Jul 20203052%42%6%42%
01 Jul 2019 - 31 Dec 201928 Jan 20201972%26%2%33%
01 Jan 2018 - 30 Jun 201803 Aug 20181775%22%3%41%

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

End of month following invoice date

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

All invoices are processed by our central purchase ledger department who allocate to appropriate individuals for electronic authorisation. In the case of any queries or disputes, these will be assigned by the purchase ledger team to management for quick resolution. Weekly reports are reviewed by Senior management for queried invoices.

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

MARRIOTT MOTOR GROUP LIMITED is a family-owned automotive company based in Ipswich, United Kingdom. The company was founded in 1909 and has since grown to become one of the leading motor groups in the country.

The company operates a number of dealerships across East Anglia, representing major car brands such as Audi, Volkswagen, Skoda, and Mercedes-Benz. They offer a wide range of new and used vehicles, as well as aftersales services such as servicing, repairs, and parts.

MARRIOTT MOTOR GROUP LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in energy-efficient technologies, reduced their carbon emissions, and promote recycling and waste reduction within their operations.

The key people at MARRIOTT MOTOR GROUP LIMITED include Chairman Paul Barnard and Managing Director Paul Barnard Jr. They lead a team of over 500 employees, who are dedicated to providing excellent customer service and maintaining the company's reputation for quality and reliability.

For any inquiries or assistance, customers can visit their website at https://www.marriottmotorcycles.co.uk/ or contact their registered office at Marriott House, Suffolk Business Park, Ipswich, IP2 0UH, United Kingdom. MARRIOTT MOTOR GROUP LIMITED is committed to providing the best automotive experience for their customers while also prioritizing sustainability and environmental responsibility.

Financial Metrics

Cash
£1,630,372
Net Worth
£14,344,833
Total Current Assets
£34,169,635
Total Current Liabilities
£32,698,762

Company Location