Score of 84.73/100 qualifies for PaymentCheck Certification
| 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 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 18 | 88% | 9% | 3% | 26% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 25 | 72% | 18% | 10% | 33% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 26 | 75% | 24% | 1% | 24% |
| 01 Jan 2023 - 01 Mar 2023 | 20 Dec 2023 | 21 | 80% | 20% | 1% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Dec 2023 | 22 | 82% | 16% | 2% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company agrees appropriate terms of payment with each supplier, with 30 days the most commonly used term of payment for the reporting period. Payment is made on the payment run prior to the invoice due date as long as the invoice has been approve. During the reporting period, weekly payment runs were undertaken.
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
The company endeavours to resolve all disputes in a fair and timely manner. Payment date queries will be resolved directly by our accounts team who can be contacted at accounts@autorama.co.uk. Contractual disputes are typically resolved via discussion and agreement between the supplier and the company representative dealing with the particular purchase. Once the issue is resolved, the invoice will be available for payment on the next standard payment run.
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.
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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.
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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.
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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
Autorama UK Ltd is a leading vehicle leasing and management company based in Berkshire, England. The company specializes in providing flexible and affordable vehicle leasing solutions to businesses and individuals across the UK.
The company's sustainability program is focused on reducing their carbon footprint and promoting eco-friendly practices. They have implemented various initiatives such as using low-emission vehicles in their fleet, recycling and reducing paper usage, and promoting telecommuting to reduce their overall environmental impact.
Autorama UK Ltd offers a wide range of products and services, including personal and business vehicle leasing, contract hire, and fleet management. They have a diverse fleet of vehicles to choose from, including cars, vans, and electric vehicles, catering to the different needs and preferences of their customers.
The key people at Autorama UK Ltd include Managing Director, Paul Harrison, and Sales Director, Nick Hardy. They both have extensive experience in the automotive industry and are committed to providing excellent customer service and promoting sustainable practices.
For more information, customers can visit the company's website at www.autorama.co.uk. The registered office address for Autorama UK Ltd is 1 Masterson House, Broadfields, Aylesbury, Buckinghamshire, HP19 8BU. Overall, Autorama UK Ltd is a reputable and socially responsible company, providing reliable and sustainable vehicle leasing solutions to their customers.
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