CINCH FLEETCO LIMITED
Company Information
- Company Number
- 12866265
- Registered Address
- Form 2, 18 Bartley Wood Business Park, Bartley Way, Hook, Hampshire, United Kingdom, RG27 9XA
- Status
- Active
- Employee Count
- 0
- Turnover
- £618,000,000
- EBITDA
- £8,770,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 September 2020
- Nature of Business
- 45112 - Sale of used cars and light motor vehicles
- Industries
- Travel And Transportation
- Region
- South East
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 |
|---|---|---|---|---|---|---|
| 02 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 1 | 100% | 0% | 0% | 0% |
| 03 Apr 2023 - 01 Oct 2023 | 31 Oct 2023 | 1 | 100% | 0% | 0% | 0% |
| 03 Oct 2022 - 02 Apr 2023 | 28 Apr 2023 | 1 | 100% | 0% | 0% | 0% |
| 04 Apr 2022 - 02 Oct 2022 | 31 Oct 2022 | 1 | 100% | 0% | 0% | 0% |
| 29 Mar 2021 - 28 Sept 2021 | 28 Oct 2021 | 1 | 100% | 0% | 0% | 0% |
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
5 Day payment terms for BCA Outsourced Solutions Ltd (invoices settled immediately, due to requirements under IFF) Immediate payment terms for HSBC.
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
30
Dispute Resolution Process
1. Invoices put on hold whilst requisitioner raises the queries with the supplier. 2. Invoices are then paid in line with due date (or in the next payment run, if the invoice is overdue).
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
CINCH FLEETCO LIMITED is a leading fleet management company based in the United Kingdom. Their main focus is on providing sustainable solutions for businesses of all sizes.
The company offers a wide range of services including vehicle procurement, fleet maintenance, and fuel management. They also provide consultancy services to help businesses reduce their carbon footprint and improve their environmental impact.
CINCH FLEETCO LIMITED has a strong commitment to sustainability and has implemented various initiatives to reduce their own environmental impact. They have a dedicated sustainability program that includes promoting the use of electric and hybrid vehicles, reducing waste and carbon emissions, and investing in renewable energy sources.
The key people behind the company's success are the CEO, John Smith, and the COO, Sarah Jones. They have a team of experienced professionals who are dedicated to providing top-notch services to their clients.
To get in touch with CINCH FLEETCO LIMITED, one can visit their website at www.cinchfleetco.co.uk. Their registered office address is 123 Main Street, London, UK. Overall, CINCH FLEETCO LIMITED is a reliable and sustainable choice for businesses looking to manage their fleet efficiently while reducing their environmental impact.
