MIDLANDS TRUCK & VAN LIMITED
Company Information
- Company Number
- 07492514
- Registered Address
- Cornwall Road, Cornwall Road Industrial Estate, Smethwick, England, B66 2JT
- Status
- Active
- Employee Count
- 340
- Turnover
- £160,471,000
- EBITDA
- £6,035,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 January 2011
- Nature of Business
- 45190 - Sale of other motor vehicles45200 - Maintenance and repair of motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories45320 - Retail trade of motor vehicle parts and accessories
- Industries
- Road Travel, Supply Chain, Manufacturing And Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2024 - 30 Sept 2024 | 23 Dec 2024 | 29 | 55% | 41% | 4% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 27 Dec 2024 | 27 | 56% | 41% | 3% | 5% |
| 01 Oct 2018 - 31 Mar 2019 | 19 Jul 2019 | 37 | 31% | 64% | 5% | 61% |
| 01 Apr 2018 - 30 Sept 2018 | 19 Jul 2019 | 35 | 27% | 66% | 7% | 40% |
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
The norm is to pay a whole month's invoices at the end of the following month
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
65
Dispute Resolution Process
Suppliers liaise with our Accounts payable function, any queries are passed to the operational department managers. Any issues that cannot be resolved are then taken over by one of the cmompany directors
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
Midlands Truck & Van Limited is a commercial vehicle dealership company based in the United Kingdom. The company specializes in the sale, rental, and maintenance of commercial vehicles, including trucks and vans.
Sustainability is a key focus for Midlands Truck & Van Limited. The company has implemented several initiatives to reduce its environmental impact, including investing in low-emission vehicles and promoting fuel-efficient driving practices. They also offer customers a range of eco-friendly vehicle options.
Midlands Truck & Van Limited offers a wide range of products and services to their customers. They sell new and used commercial vehicles from renowned brands such as Mercedes-Benz, Fuso, and Freightliner. They also provide rental and leasing services for businesses looking for short-term or long-term vehicle solutions. Additionally, the company has a dedicated team of technicians who provide maintenance and repair services for their clients.
The company is led by a team of experienced and knowledgeable individuals. The Managing Director, Gary Lumsden, has over 30 years of experience in the commercial vehicle industry. The Sales Director, Lee Smith, has over 20 years of experience in the industry. The team is committed to providing exceptional customer service and ensuring the sustainability of the company's operations.
For more information on Midlands Truck & Van Limited and their services, customers can visit their website at www.midlandstruckandvan.com. The company's registered office address is at 1 Burntwood Business Park, Burntwood, WS7 3XD, United Kingdom.
