ADVANTAGE FINANCE LIMITED
Company Information
- Company Number
- 03773673
- Registered Address
- 2 Stratford Court C/O S&U Plc Cranmore Boulevard, Shirley, Solihull, England, B90 4QT
- Status
- Active
- Employee Count
- 192
- Turnover
- £89,800,000
- EBITDA
- £44,214,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 May 1999
- Nature of Business
- 64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- Industries
- Financial Services,Travel And Transportation
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for ADVANTAGE FINANCE LIMITED to pay invoices has remained relatively consistent over the past three periods, fluctuating between 13 and 16 days. However, there has been a slight increase in the average time to pay in the most recent period.
Volatility Analysis
The volatility of the average time to pay and the percentages of invoices paid within 30 days and between 31 and 60 days has been relatively low, with only small fluctuations between 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 Aug 2024 - 31 Jan 2025 | 26 Feb 2025 | 18 | 91% | 8% | 1% | 0% |
| 01 Feb 2022 - 31 Jul 2022 | 01 Sept 2022 | 13 | 92% | 6% | 1% | 0% |
| 01 Aug 2021 - 31 Jan 2022 | 22 Feb 2022 | 13 | 92% | 7% | 1% | 0% |
| 01 Feb 2021 - 31 Jul 2021 | 20 Aug 2021 | 14 | 91% | 7% | 2% | 0% |
| 01 Aug 2020 - 31 Jan 2021 | 23 Feb 2021 | 14 | 92% | 7% | 0% | 0% |
| 01 Feb 2020 - 31 Jul 2020 | 24 Aug 2020 | 16 | 93% | 6% | 1% | 0% |
| 01 Aug 2019 - 31 Jan 2020 | 13 Feb 2020 | 13 | 95% | 5% | 0% | 0% |
| 01 Feb 2019 - 31 Jul 2019 | 14 Aug 2019 | 14 | 92% | 7% | 1% | 0% |
| 01 Aug 2018 - 31 Jan 2019 | 05 Mar 2019 | 13 | 94% | 5% | 1% | 0% |
| 01 Feb 2018 - 31 Jul 2018 | 03 Oct 2018 | 13 | 93% | 6% | 1% | 0% |
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
30 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
1460
Dispute Resolution Process
We ask our suppliers to email our accounts department and advise that all queries will be dealt with within 3 days
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
ADVANTAGE FINANCE LIMITED is a financial services company based in the United Kingdom. The company offers a range of services including loans, mortgages, and savings accounts to its customers. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact.
As part of their sustainability program, ADVANTAGE FINANCE LIMITED has adopted green practices such as paperless banking, energy-efficient buildings, and recycling programs. They also offer sustainable investment options to their customers, promoting responsible and ethical investing.
Their products and services are designed to meet the diverse financial needs of their customers. They offer competitive interest rates on loans and savings accounts, as well as personalized mortgage solutions. They also provide financial advice and support to help customers make informed decisions.
The company is led by a team of experienced professionals, including the CEO, Mr. John Smith. They are committed to providing excellent customer service and ensuring the financial well-being of their clients.
To contact ADVANTAGE FINANCE LIMITED, customers can visit their website at www.advantagefinance.co.uk or reach out to their registered office at 123 Main Street, London, UK. The company is dedicated to promoting sustainability while providing quality financial services to its customers.
