ARNOLD CLARK AUTOMOBILES LIMITED

PaymentCheck Score 2024
90Good
0.6vs last year
#1080 in UK
#44 in Travel And Transportation
#53 in Scotland

Company Information

Company Number
SC036386
Registered Address
454 Hillington Road, Glasgow, Scotland, G52 4FH
Status
Active
Employee Count
11,400
Turnover
£4,921,600,000
EBITDA
£381,600,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 April 1961
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
Travel And Transportation
Region
Scotland

Time to Pay

Average Time to Pay
15 days
Shortest Period:180 days
Longest Period:0 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
80%
31-60 Days
19%
After 60 Days
1%
Not Paid Within Terms8%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202407 Feb 20251578%20%2%10%
01 Jan 2024 - 30 Jun 202430 Jul 20241580%19%1%8%
01 Jan 2023 - 30 Jun 202326 Jul 20231581%17%2%10%
01 Jan 2021 - 30 Jun 202129 Jul 20211582%17%1%7%
01 Jan 2020 - 30 Jun 202030 Jul 20201880%15%5%14%
01 Jan 2018 - 30 Jun 201830 Jul 20182069%28%3%10%

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

Arnold Clark Automobiles Limited agrees appropriate payment terms with its suppliers, based on the nature of the transaction. The Company, as standard, pays its suppliers no later than the last day of the month following the month in which the invoice is received. Individual agreements are in place for manufacturer vehicle purchases, depending on the timing and nature of the transaction and the individual manufacturer’s conditions. These can vary from 3 days from the date of first registration to extended credit terms of up to 180 days.

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

180

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner as well as pursuing best value for our business. We aim to resolve disputes in a timely manner. Any queries in relation to invoices are initially handled by the supplier’s regular contact at the branch or Head Office. Escalation of disputes is co-ordinated by our Head Office accounts team. If the matter cannot be resolved by our Head Office accounts team, it would be passed to the relevant Head of Department or Manager.

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

Arnold Clark Automobiles Limited is a leading car dealership and automotive services company based in the United Kingdom. Founded in 1954, the company has expanded to become one of the largest independently owned car retailers in Europe.

The company offers a wide range of products and services including new and used car sales, car rentals, repairs and servicing, and financing options. They also provide a variety of car brands and models, catering to different customer needs and preferences.

Arnold Clark is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes investing in energy-efficient facilities, promoting eco-friendly transportation options, and utilizing sustainable materials in their operations.

The company is led by its CEO, Eddie Hawthorne, who has been with the company for over 20 years. He is supported by a team of experienced executives and managers who oversee operations and drive growth.

Customers can contact Arnold Clark through their website, which also features an online car buying service and a comprehensive FAQ section. Their registered office address is 454 Hillington Road, Hillington Park, Glasgow, G52 4FH.

In summary, Arnold Clark Automobiles Limited is a well-established and sustainable company in the automotive industry, offering a wide range of products and services. With a strong leadership team and a commitment to sustainability, the company continues to grow and serve customers across the UK.

Financial Metrics

Cash
£470,700,000
Net Worth
£1,415,700,000
Total Current Assets
£1,394,100,000
Total Current Liabilities
£1,106,200,000

Company Location