ROANZA LIMITED

Company Information

Company Number
08865644
Registered Address
11th Floor Landmark St Peter's Square, 1 Oxford St, Manchester, M1 4PB
Status
Dissolved
Employee Count
483
Turnover
£180,314,000
EBITDA
£7,575,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 January 2014
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
North West

Time to Pay

Average Time to Pay
47 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
58%
31-60 Days
35%
After 60 Days
7%
Not Paid Within Terms7%

Payment Features

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

Company Review

Trend Analysis

Based on the data provided, the average time taken for ROANZA LIMITED to pay invoices has remained relatively consistent over the past three periods, with a slight decrease from 48 days in the second period to 47 days in the third period.

Volatility Analysis

The volatility in ROANZA LIMITED's payment habits can be seen in the varying percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. While these percentages have remained relatively consistent in the past two periods, there was a significant decrease in the first period with 49% of invoices paid within 30 days and 42% paid later than 60 days.

Summary Analysis

Overall, ROANZA LIMITED has maintained a consistent average time to pay invoices in the past three periods. However, there has been a slight improvement in their payment habits with a decrease in the percentage of invoices paid between 31 and 60 days and an increase in the percentage of invoices paid within 30 days in the most recent period.

Performance Reports History

Reporting Period Filed: 2019-09-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201920 Sept 20194758%35%7%7%
01 Jul 2018 - 31 Dec 201827 Jun 20194859%35%6%6%
01 Jan 2018 - 30 Jun 201830 Aug 20183749%42%9%9%

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

Payment at end of month following date of invoice

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

Disputes are resolved by the departmental manager issuing the original order

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

Roanza Limited is a leading commercial vehicle dealership company based in the United Kingdom. The company was founded in 2003 and has since become a major player in the UK commercial vehicle market.

One of the key activities of Roanza Limited is the sale and servicing of commercial vehicles from well-known brands such as Mercedes-Benz, MAN, and Renault Trucks. The company also offers a range of financing options and aftermarket services to its customers.

In addition to its commercial activities, Roanza Limited is committed to sustainability and has implemented various programs to reduce its environmental impact. These include investing in electric and hybrid vehicles, promoting fuel-efficient driving practices, and implementing recycling and waste reduction practices.

At the helm of Roanza Limited is a team of experienced and highly skilled professionals, led by Managing Director, Paul McMahon. The company also has a dedicated customer service team that is always available to assist clients with their needs.

For more information on Roanza Limited and its products and services, customers can visit their website at www.roanzatruckandvan.co.uk. The company's registered office address is at Roanza Truck & Van, Atlantic Street, Altrincham, Cheshire, WA14 5DH.

Financial Metrics

Cash
£4,440
Net Worth
-£477,272
Total Current Assets
£58,700,317
Total Current Liabilities
£74,465,123

Company Location