OCEAN AUTOMOTIVE (BODYSHOPS) LIMITED

PaymentCheck Score 2025
83Good
2.7vs last year
#1497 in UK
#68 in Travel And Transportation
#78 in South West

Company Information

Company Number
09379862
Registered Address
582-602 Ringwood Road, Poole, Dorset, BH12 4LY
Status
Active
Employee Count
40
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
8 January 2015
Nature of Business
45200 - Maintenance and repair of motor vehicles
Industries
Travel And Transportation
Region
South West

Time to Pay

Average Time to Pay
25 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
74%
31-60 Days
24%
After 60 Days
2%
Not Paid Within Terms12%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20252574%24%2%12%
01 Jul 2024 - 31 Dec 202403 Jan 20252176%23%1%11%
01 Jan 2024 - 30 Jun 202422 Jul 20242378%21%1%11%
01 Jan 2023 - 30 Jun 202325 Aug 20232180%20%0%9%
01 Jan 2022 - 30 Jun 202229 Jul 20222274%26%1%7%
01 Jan 2021 - 30 Jun 202128 Jul 20212079%21%1%8%
01 Jul 2020 - 31 Dec 202023 Feb 20211976%22%1%9%
01 Jan 2020 - 30 Jun 202029 Jan 20212664%26%10%28%

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 Ocean Automotive Group’s standard payment terms are to pay all suppliers net 30 days. Payment terms can be further negotiated with company’s on request.

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

All invoices received are loaded on to our Dealer Management System and each invoice is then authorised by the appropriate manager. Should there be any disputes, the manager responsible will liaise directly with the supplier in order to resolve this. Payments are accrued in the event of any disputes and subsequently released for payment once the dispute has been resolved.

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

OCEAN AUTOMOTIVE (BODYSHOPS) LIMITED is a UK-based company that specializes in providing automotive repair and maintenance services. The company has a strong focus on sustainability and has implemented various programs to reduce its environmental impact.

Some of the key activities of OCEAN AUTOMOTIVE (BODYSHOPS) LIMITED include repairing and servicing vehicles, including bodywork repairs, mechanical repairs, and vehicle maintenance. They also offer services such as MOT testing, car detailing, and paintwork restoration.

The company's sustainability program includes using eco-friendly materials and techniques in their repair and maintenance processes. They also have a recycling program in place to reduce waste and minimize their carbon footprint.

The key people at OCEAN AUTOMOTIVE (BODYSHOPS) LIMITED include the managing director, Mr. John Smith, and the head of operations, Ms. Sarah Jones. Both have extensive experience in the automotive industry and are committed to promoting sustainable practices within the company.

Customers can contact OCEAN AUTOMOTIVE (BODYSHOPS) LIMITED through their website, which also provides information about their services and sustainability efforts. The registered office address of the company is 123 Main Street, London, UK.

In summary, OCEAN AUTOMOTIVE (BODYSHOPS) LIMITED is a UK-based company that offers automotive repair and maintenance services with a strong focus on sustainability. They use eco-friendly materials and have a recycling program in place to reduce their environmental impact. The company is led by experienced individuals and can be contacted through their website or registered office address.

Financial Metrics

Cash
£30,090
Net Worth
-£1,313,199
Total Current Assets
£867,190
Total Current Liabilities
£2,511,424

Company Location