UNITED AFTERMARKET NETWORK LIMITED

Company Information

Company Number
05027032
Registered Address
C/O Penningtons Manches Cooper Llp 11th Floor, 45 Church Street, Birmingham, West Midlands, United Kingdom, B3 2RT
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
27 January 2004
Nature of Business
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Road Travel
Region
West Midlands

Time to Pay

Average Time to Pay
75 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
1%
31-60 Days
14%
After 60 Days
85%
Not Paid Within Terms1%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201928 Jan 2020791%1%98%1%
01 Jan 2019 - 30 Jun 201924 Jul 2019790%1%99%1%
01 Jul 2018 - 31 Dec 201830 Jan 2019750%14%84%0%
01 Jan 2018 - 30 Jun 201801 Aug 2018661%37%62%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

Standard payment terms are 60 days from the end of the month in which invoices are received

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

90

Dispute Resolution Process

Suppliers may raise disputes by emailing the purchase ledger team who seeks to resolve independently. Where necessary, disputes are escalated to the purchase ledger manager and then to a financial controller. If a dispute is still not resolved, the company will enter into a process of self managed arbitration, involving the senior management of both principals to try and reach a mutually acceptable agreement.

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

UNITED AFTERMARKET NETWORK LIMITED is a company that provides a range of products and services to the automotive aftermarket industry. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes measures such as using eco-friendly packaging, promoting recycling and waste reduction, and reducing their carbon footprint through energy-efficient practices.

The company offers a wide range of products, including automotive parts, tools, and equipment, to customers in the aftermarket industry. They also provide training and support services to help businesses improve their operations and increase efficiency.

The key people at UNITED AFTERMARKET NETWORK LIMITED include the managing director, sales director, and operations director, who oversee the company's day-to-day operations and strategy.

The company's registered office address is located in Tamworth, Staffordshire, and they can be contacted through their website, which is www.uanweb.com. They also have a strong presence on social media platforms such as LinkedIn and Twitter.

In summary, UNITED AFTERMARKET NETWORK LIMITED is a sustainable company that offers a diverse range of products and services to the automotive aftermarket industry. With a strong commitment to sustainability and a team of experienced professionals, they are a leading player in the industry.

Financial Metrics

Cash
£0
Net Worth
£100
Total Current Assets
£100
Total Current Liabilities
£0

Company Location