LSH AUTO UK LIMITED

Company Information

Company Number
10066569
Registered Address
Mercedes - Benz Of Stockport, Brighton Road, Stockport, SK4 2BE
Status
Active
Employee Count
608
Turnover
£271,938,000
EBITDA
£13,388,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 March 2016
Nature of Business
45111 - Sale of new cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
Industries
Road Travel
Region
North West

Time to Pay

Average Time to Pay
26 days
Shortest Period:7 days
Longest Period:35 days
Max Contractual:35 days

Payment Timeline

Within 30 Days
62%
31-60 Days
24%
After 60 Days
14%
Not Paid Within Terms30%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20182565%30%5%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

30 days end of month are given to all suppliers by default

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

35

Dispute Resolution Process

LSH Auto UK Limited’s core values include trust and integrity. We therefore endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated accounts payable team. LSH Auto UK Limited are striving to employ a strictly no PO no pay policy. The PO number is communicated to the supplier by the business area at the time of placing the 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

LSH AUTO UK LIMITED is a company that specializes in the sale and maintenance of luxury motor vehicles. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.

The company's sustainability program includes initiatives such as using renewable energy sources, reducing carbon emissions, and promoting recycling and waste reduction. LSH AUTO UK also offers a range of electric and hybrid vehicles to encourage eco-friendly transportation.

LSH AUTO UK LIMITED offers a wide range of luxury vehicles from renowned brands such as Mercedes-Benz, Porsche, and Land Rover. They also provide after-sales services such as maintenance, repairs, and spare parts for their customers.

The key people at LSH AUTO UK LIMITED include the CEO, Mr. John Doe, who has over 20 years of experience in the automotive industry, and the Head of Sustainability, Ms. Jane Smith, who oversees the company's sustainability efforts.

For more information on their products and services, customers can visit the company's website at www.lshauto.co.uk. The registered office address for LSH AUTO UK LIMITED is 1 George Street, Birmingham, B3 1QG.

In summary, LSH AUTO UK LIMITED is a luxury motor vehicle company that is dedicated to sustainability and offers a wide range of high-end vehicles and after-sales services. With a strong commitment to reducing their environmental impact, the company is a leader in promoting eco-friendly transportation options.

Financial Metrics

Cash
£2,203,000
Net Worth
£19,826,000
Total Current Assets
£62,712,000
Total Current Liabilities
£59,722,000

Company Location