Score of 94.4/100 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 Jan 2025 - 30 Jun 2025 | 22 Jul 2025 | 14 | 91% | 7% | 2% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 17 | 86% | 11% | 3% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 17 | 86% | 9% | 5% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 20 | 82% | 12% | 6% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 20 | 83% | 10% | 7% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 16 | 84% | 11% | 4% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 31 | 74% | 16% | 10% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 25 | 77% | 15% | 8% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We establish standard payment terms with supplies. Most commonly these are 30 days from the invoice date. The maximum terms are 30 days. If standard terms are changed with suppliers, we communicated these with our suppliers.
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
30
Dispute resolution is handled between our suppliers and their relevant business contacts.
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
Oodle Financial Services Limited trades as Oodle Car Finance, a UK lender providing car finance through hire purchase agreements. Customers apply online to find out if they are pre-approved, then use the finance to buy a vehicle at one of over 300 participating dealerships across its network, rather than borrowing directly from the dealer. The company states it has helped over 250,000 customers and holds a large number of Trustpilot reviews. Rates advertised start from 10.9% APR, with a representative APR of 14.7%. It employs over 450 people across three office locations. The registered office is in Salford, and the company is registered at Companies House under SIC code 64929, other credit granting.
Generated from the company's website and Companies House records. Sources: oodlecarfinance.com · oodlecarfinance.com · oodlecarfinance.com