DAWSONGROUP VANS LIMITED
Company Information
- Company Number
- 07417634
- Registered Address
- Delaware Drive Delaware Drive, Tongwell, Milton Keynes, MK15 8JH
- Status
- Active
- Employee Count
- 254.0
- Turnover
- 83889000.0
- EBITDA
- 66251000.0
Additional Details
- Website
- https://vanninja.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 25 October 2010
- Nature of Business
- 77110 - Renting and leasing of cars and light motor vehicles
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- South East
Company Location
Financial Metrics
Time to Pay
Payment Timeline
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 | 31 Jan 2024 | 30 | 53% | 44% | 3% | 45% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 36 | 46% | 47% | 7% | 47% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 35 | 47% | 43% | 10% | 46% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 35 | 47% | 45% | 8% | 44% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 34 | 49% | 45% | 6% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 36 | 50% | 42% | 8% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 39 | 49% | 39% | 12% | 43% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 59 | 16% | 53% | 31% | 48% |
Company Summary
DAWSONGROUP VANS LIMITED is a leading commercial vehicle company based in the UK
They offer a wide range of services including sales, leasing, and rental of vans to businesses and individuals
One of the key focuses of DAWSONGROUP VANS LIMITED is sustainability
They have a comprehensive sustainability program in place which includes initiatives to reduce their carbon footprint and promote environmentally friendly practices in their operations
This includes using alternative fuel vehicles in their fleet and implementing efficient waste management systems
The company offers a variety of products and services to meet the needs of their customers
They have a wide range of new and used vans available for sale or lease, from popular brands such as Ford, Mercedes, and Volkswagen
They also offer short-term and long-term rental options for those who need a van for a specific period of time
The key people at DAWSONGROUP VANS LIMITED include the Managing Director, Mr
Nigel Dawson, and the Sales Director, Mr
David Baines
Both have extensive experience in the commercial vehicle industry and are committed to providing high-quality products and services to their customers
For more information about DAWSONGROUP VANS LIMITED, you can visit their website at www.dawsongroupvans.co.uk
Their registered office address is in Milton Keynes, UK
With their focus on sustainability and commitment to providing excellent products and services, DAWSONGROUP VANS LIMITED continues to be a leading player in the commercial vehicle industry
Company Review
Trend Analysis
The average time taken for DAWSONGROUP VANS LIMITED to pay invoices has been decreasing over the past three periods, from 59 days in 2020-01-01 to 30 days in 2023-07-01. In the same period, the percentage of invoices paid within 30 days has increased from 16% to 53%, while the percentage of invoices paid later than 60 days has decreased from 31% to 3%. Overall, there has been a consistent improvement in the company's payment performance.
Volatility Analysis
The volatility of DAWSONGROUP VANS LIMITED's payment performance has decreased over the past three periods. This is evident in the decreasing range of the average time to pay (from 29 days in 2020-01-01 to 6 days in 2023-07-01) and the decreasing standard deviation (from 12 days in 2020-01-01 to 6 days in 2023-07-01). This indicates a more stable payment process for the company.
Summary Analysis
From 2020-01-01 to 2023-07-01, DAWSONGROUP VANS LIMITED has shown consistent improvement in their payment performance. The average time to pay has decreased from 59 days to 30 days, while the percentage of invoices paid within 30 days has increased from 16% to 53%. There has also been a decrease in the percentage of invoices paid later than 60 days from 31% to 3%. The company's payment process has become more stable, as shown by the decreasing range and standard deviation in the average time to pay.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms vary depending on the industry of the vendor. 1. General suppliers: 30 - 60 days. 2. Maintenance suppliers: 30 - 60 days. 3. Capital suppliers: 0 - 14 days. 4. Utility suppliers: 14 - 30 days.
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
60
Dispute Resolution Process
Dawsongroup endeavours to pay all invoices within the agreed payment terms, we have a process in place to minimise queries and expediate dispute resolution. Vendors are required to include purchase order numbers (provided by Dawsongroup at the point of order) on all invoices. In the case that an invoice has no PO number quoted our Bought Ledger department will attempt to manually match the invoice to a PO. If we are unable to locate a PO, Dawsongroup proactively reaches out to suppliers in order to ascertain the PO number. The dedicated Bought Ledger department is responsible for resolving disputes with invoices should they arise. We communicate in good faith, in a timely manner and consider each query on its own merits. Vendor’s may contact the Bought Ledger department directly on 01642 618031 or VansAccounts@dawsongroup.co.uk
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