THE CAR PEOPLE LIMITED
Company Information
- Company Number
- 03743283
- Registered Address
- 2 Penman Way, Grove Park, Leicester, Leicestershire, England, LE19 1ST
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://thecarpeople.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 30 March 1999
- Nature of Business
- 45112 - Sale of used cars and light motor vehicles
- Industries
- Travel And Transportation
- Region
- East Midlands
Payment Score History
Company Review
Trend Analysis
The time taken for THE CAR PEOPLE LIMITED to pay invoices has been increasing over the past three periods, with an average time to pay of 17 days in 2017-2018, increasing to 24 days in 2018-2019 and 35 days in 2019-2020. However, there was a significant decrease in the average time to pay in the most recent period (2020-2021) with the company taking only 27 days to pay invoices.
Volatility Analysis
The volatility of THE CAR PEOPLE LIMITED's payment patterns can be seen in the fluctuation of the percentages of invoices paid within 30 days and between 31-60 days. These numbers have varied significantly over the past three periods, with the percentage of invoices paid within 30 days dropping from 75% in 2017-2018 to 38% in 2019-2020 before increasing again to 54% in 2020-2021. Similarly, the percentage of invoices paid between 31-60 days increased from 19% in 2017-2018 to 58% in 2019-2020 before decreasing to 40% in 2020-2021.
Summary Analysis
Between the past three periods, there has been a steady increase in the time taken for THE CAR PEOPLE LIMITED to pay invoices, with a significant decrease in the most recent period. The percentage of invoices paid within 30 days has also decreased over time, with the lowest percentage being in 2019-2020 at 38%. The highest percentage of invoices paid between 31-60 days was in 2019-2020 at 58%. The worst period for THE CAR PEOPLE LIMITED in terms of invoices paid later than 60 days was in 2019-2020, with 7% of invoices being paid late. The shortest standard payment period has remained consistent at 1 day throughout all 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 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 62 | 12% | 63% | 25% | 77% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 27 | 54% | 40% | 6% | 48% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 34 | 49% | 41% | 10% | 29% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 37 | 38% | 53% | 9% | 31% |
| 01 Nov 2018 - 30 Jun 2019 | 30 Jul 2019 | 35 | 35% | 58% | 7% | 42% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 24 | 55% | 40% | 5% | 28% |
| 01 Nov 2017 - 30 Apr 2018 | 15 Aug 2018 | 16 | 73% | 25% | 3% | 1% |
| 01 May 2017 - 31 Oct 2017 | 30 Jul 2018 | 17 | 75% | 19% | 7% | 7% |
Payment Time Trends
Payment Distribution Trends
Company Summary
THE CAR PEOPLE LIMITED is a UK-based company that specializes in the sale of used cars. Their mission is to provide customers with high-quality, affordable vehicles while promoting sustainability and environmental responsibility.
The company's sustainability program includes initiatives such as using energy-efficient lighting in their showrooms, recycling waste materials, and promoting carpooling among employees. They also offer customers the option to purchase carbon offset credits to reduce the environmental impact of their vehicle.
Their products and services include a wide selection of used cars from various makes and models, as well as financing options and vehicle maintenance services. They also offer a price match guarantee and a 14-day money-back guarantee to ensure customer satisfaction.
The key people at THE CAR PEOPLE LIMITED include CEO Martyn Carnell and Managing Director Jonathan Allbones, both of whom have extensive experience in the automotive industry.
The company's registered office address is located at The Car People, Calder Island Way, Wakefield, West Yorkshire, WF2 7AW. Their website, www.thecarpeople.co.uk, provides detailed information about their products, services, and sustainability program. Customers can also contact them through their website or by phone at 0333 222 0424.
