Score of 92.23/100 qualifies for PaymentCheck Certification
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.
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.
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.
| 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 2025 - 28 Feb 2026 | 27 Mar 2026 | 22 | 86% | 14% | 0% | 0% |
| 01 Mar 2025 - 31 Aug 2025 | 16 Sept 2025 | 14 | 82% | 18% | 0% | 0% |
| 01 Sept 2024 - 28 Feb 2025 | 27 Mar 2025 | 18 | 80% | 19% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
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
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.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
SOGO Mobility Limited provides car and van leasing and rental for businesses and individuals across the UK. It offers flexible, month by month contracts starting from 1,000 miles per month, with servicing, breakdown cover and road fund licence included, plus nationwide delivery and collection. The company states it owns its own vehicle fleet rather than acting as a broker, giving it direct control over the vehicles supplied. It offers petrol, diesel, hybrid and electric vehicles sourced through partnerships with vehicle manufacturers, and provides carbon offsetting options via a partnership with BP. Services are aimed at SME, fleet and corporate customers with varying vehicle numbers.
Generated from the company's website and Companies House records. Sources: sogomobility.co.uk · sogomobility.co.uk