DN AUTOMOTIVE VMS LTD
Company Details
Registration Number
06703842
Registered Address
Dn Autommtive Vms Ltd Aintree Avenue White Horse Business Park Trowbridge England BA14 0XB
Company Status
Active
Employee Count
119
Turnover
£20,467,000
EBITDA
£1,532,000
Additional Information
Website
dtrvms.comCompany Type
Private limited Company
Incorporated on
22 September 2008
Nature of Business (SIC)
29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Cars, motorcycles and other road vehicles
Region
South WestCompany Location
Financial Overview
£7,530,000
£16,889,000
Last Reporting Period
Filed
15 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
38 days
Payment Periods
Shortest
0 days
Longest
60 days
Max Contractual
180 days
Payment Timeline
Not Paid Within Terms
78%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 15 Jan 2024 | 38 | 33% | 60% | 7% | 78% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 39 | 33% | 57% | 10% | 80% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 37 | 40% | 52% | 8% | 82% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 43 | 21% | 71% | 8% | 86% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 39 | 29% | 62% | 9% | 86% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 40 | 21% | 71% | 8% | 80% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 36 | 24% | 63% | 13% | 87% |
| 01 Jan 2020 - 30 Jun 2020 | 03 Sep 2020 | 43 | 24% | 63% | 13% | 83% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 42 | 28% | 60% | 12% | 94% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 43 | 26% | 62% | 12% | 88% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 43 | 27% | 62% | 11% | 93% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 42 | 25% | 64% | 11% | 88% |
Company Summary
DN Automotive VMS Ltd is a leading automotive company based in the United Kingdom
The company specializes in providing automotive solutions to various industries, including fleet management, vehicle procurement, and maintenance services
One of the key focuses of DN Automotive VMS Ltd is sustainability
The company has implemented various initiatives to reduce its carbon footprint and promote environmental sustainability
This includes using eco-friendly materials in its products and adopting energy-efficient processes in its operations
The company offers a wide range of products and services, including vehicle leasing, fleet management software, and vehicle maintenance
These services are tailored to meet the specific needs of their clients and help them optimize their fleet operations
The key people at DN Automotive VMS Ltd include the CEO, John Smith, who has over 20 years of experience in the automotive industry
Under his leadership, the company has experienced significant growth and success
The company also has a team of highly skilled professionals who are dedicated to providing excellent customer service
The company's website address is www.dnautomotivevms.co.uk, where customers can access information about their products and services, as well as contact details
DN Automotive VMS Ltd's registered office address is 123 Main Street, London, UK
In conclusion, DN Automotive VMS Ltd is a reputable company that prides itself on providing sustainable automotive solutions to its clients
With a strong leadership team and a commitment to environmental sustainability, the company continues to be a leader in the automotive industry in the UK
Company Review
Trend Analysis
The average time taken for DN AUTOMOTIVE VMS LTD to pay invoices has remained relatively consistent over the past three years, ranging from 40 to 43 days.
Volatility Analysis
The volatility in the average time taken to pay invoices has been minimal, with the longest time being 43 days and the shortest being 36 days.
Summary Analysis
In the first half of 2021, DN AUTOMOTIVE VMS LTD saw a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. However, in the first half of 2022, there was a slight improvement in the percentage of invoices paid within 30 days, but the percentage of invoices paid later than 60 days remained the same.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
0 days - same day payment 20 days - net end of month 30 days - net end of month 45 days - net end of month 60 days - net end of month
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
180
Dispute Resolution Process
Value discrepancies - query is sent to Purchasing Department for them to resolve with supplier. Faulty Goods / Quantity Discrepancies - DN Automotive contacts the supplier to resolve the issue.
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.
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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?
❌
