SOGO MOBILITY LIMITED
Company Information
- Company Number
- 12934041
- Registered Address
- Grange Hatfield, Mosquito Way, Hatfield, England, AL10 9US
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 October 2020
- Nature of Business
- 77110 - Renting and leasing of cars and light motor vehicles
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SOGO MOBILITY LIMITED demonstrates a strong trend of prompt payments, with an average payment time of 18 days. A significant 80% of invoices are consistently settled within 30 days, indicating a reliable trajectory for quick remuneration. This suggests a low likelihood of standard payment terms being exceeded for the majority of transactions.
Volatility Analysis
The payment profile exhibits low volatility and high predictability, as only 1% of payments are classified as late and a mere 1% extend beyond 60 days. While the vast majority of payments are extremely reliable, this small percentage of extended delays represents a minimal risk factor for suppliers. The distribution confirms that most payments are settled well within expected timelines, ensuring a generally stable cash flow for partners.
Summary Analysis
Overall, SOGO MOBILITY LIMITED presents a highly favorable payment risk profile for suppliers, characterized by promptness and low delinquency rates. Suppliers can confidently expect timely payments, with key decision factors centered on the high probability of settlement within 30 days. While minimal, a prudent risk mitigation strategy might include standard credit checks and occasional review of the very small fraction of payments extending beyond 60 days.
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 Sept 2024 - 28 Feb 2025 | 27 Mar 2025 | 18 | 80% | 19% | 1% | 1% |
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 days for vehicles and up to 30 days in the month following invoice for other suppliers.
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
The manager of the relevant department will query invoice with the supplier to either request a full or partial credit or to agree to make full payment.
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.
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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.
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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.
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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
SOGO MOBILITY LIMITED operates as an active private limited company, indicating its involvement in the mobility sector. Its name suggests a specialisation in providing solutions or services related to various forms of mobility.
The company is registered in England with company number 12934041 and was incorporated on 7 October 2020. Its registered office is located at Grange Hatfield, Mosquito Way, Hatfield, England, AL10 9US, situated within the East of England region.
Private limited companies within the mobility sector in the UK generally offer a diverse range of transportation solutions. These often encompass vehicle leasing, fleet management, rental services, and the development of innovative personal mobility options for both businesses and individuals.
