MOTABILITY OPERATIONS GROUP PLC

Company Information

Company Number
06541091
Registered Address
City Gate House, 22 Southwark Bridge Road, London, SE1 9HB
Status
Active
Employee Count
1,559
Turnover
£6,899,000,000
EBITDA
-£175,000,000

Additional Details

Company Type
Public limited Company
Incorporated On
20 March 2008
Nature of Business
77110 - Renting and leasing of cars and light motor vehicles
Industries
Road Travel, Supply Chain, Manufacturing And Commerce Models
Region
London

Company Review

Trend Analysis

The data for Motability Operations Group PLC shows a consistent trend of paying invoices within agreed terms, with a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days. There is also a decrease in the average time taken to pay invoices. However, there is a slight increase in the percentage of invoices paid later than 60 days.

Volatility Analysis

The data for Motability Operations Group PLC does not show significant volatility, as the percentages for each category remain relatively consistent over the three periods. However, there is a slight increase in the percentage of invoices paid later than 60 days in the most recent period.

Summary Analysis

In the most recent period of April 2021 to September 2021, Motability Operations Group PLC had an average time to pay of 5.3 days. This is a slight increase from the previous period. However, there was an improvement in the percentage of invoices paid within 30 days, with 98.9% of invoices being paid on time. There was also a decrease in the percentage of invoices paid between 31 and 60 days, with only 1.1% of invoices falling into this category. The percentage of invoices paid later than 60 days remained at 0%. The data also shows that 99.1% of invoices were paid within agreed terms, which is an improvement from the previous period.

Performance Reports History

Reporting Period Filed: 2023-10-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202326 Oct 2023
01 Oct 2022 - 31 Mar 202309 May 2023
01 Apr 2022 - 30 Sept 202227 Oct 2022
01 Oct 2021 - 31 Mar 202211 Apr 2022
01 Apr 2021 - 30 Sept 202119 Oct 2021
01 Oct 2020 - 31 Mar 202129 Apr 2021
01 Apr 2020 - 30 Sept 202021 Oct 2020
01 Oct 2019 - 31 Mar 202028 Apr 2020
01 Apr 2019 - 30 Sept 201930 Oct 2019599%1%0%2%
01 Oct 2018 - 31 Mar 201929 Apr 2019
01 Apr 2018 - 30 Sept 201806 Nov 2018
01 Oct 2017 - 31 Mar 201824 Apr 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

MOTABILITY OPERATIONS GROUP PLC is a UK-based company that provides mobility solutions for people with disabilities. The company was founded in 1977 and is currently headquartered in London, England.

The company's main activity is to manage the Motability Scheme, which enables people with disabilities to lease a car, scooter, or powered wheelchair through government-funded mobility allowances. This allows them to have greater independence and access to the community.

MOTABILITY OPERATIONS GROUP PLC is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using low emission vehicles in their fleet, promoting recycling and waste reduction, and reducing energy consumption in their offices.

The company offers a wide range of products and services to its customers, including a wide selection of vehicles from different manufacturers, insurance, breakdown cover, and maintenance. They also have a team of trained advisors to provide support and guidance to customers throughout the leasing process.

The key people at MOTABILITY OPERATIONS GROUP PLC include CEO Mike Betts and Chairman Neil Johnson. The company has a strong focus on customer satisfaction and is dedicated to providing high-quality services to its customers.

For more information, customers can visit the company's website at www.motabilityoperations.co.uk. The registered office address is City Gate House, 22 Southwark Bridge Road, London, SE1 9HB, United Kingdom.

Financial Metrics

Cash
£186,800,000
Net Worth
£4,372,000,000
Total Current Assets
£1,840,700,000
Total Current Liabilities
£1,668,900,000

Company Location