DAWSONGROUP VANS LIMITED

PaymentCheck Score 2024
64Fair
1.3vs last year
#3401 in UK
#100 in Supply Chain
#561 in South East

Company Information

Company Number
07417634
Registered Address
Delaware Drive Delaware Drive, Tongwell, Milton Keynes, MK15 8JH
Status
Active
Employee Count
254
Turnover
£83,889,000
EBITDA
£66,251,000

Additional Details

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

Time to Pay

Average Time to Pay
36 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
43%
31-60 Days
51%
After 60 Days
6%
Not Paid Within Terms52%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20253353%41%6%46%
01 Jul 2023 - 31 Dec 202331 Jan 20243053%44%3%45%
01 Jan 2023 - 30 Jun 202331 Jul 20233646%47%7%47%
01 Jul 2021 - 31 Dec 202131 Jan 20223449%45%6%45%
01 Jan 2021 - 30 Jun 202130 Jul 20213650%42%8%41%

Payment Time Trends

Payment Distribution Trends

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 information available

Any other information about payment terms

No additional information

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

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.

Financial Metrics

Cash
£443,000
Net Worth
£57,855,000
Total Current Assets
£19,262,000
Total Current Liabilities
£98,168,000

Company Location