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
- Website
- https://fastrads.co.uk/
- 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
Payment Timeline
Payment Features
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 2019 - 31 Dec 2019 | 28 Jan 2020 | 79 | 1% | 1% | 98% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 79 | 0% | 1% | 99% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 75 | 0% | 14% | 84% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 66 | 1% | 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.