LOMOND MOTORS LIMITED
Company Information
- Company Number
- SC184583
- Registered Address
- 520 Hillington Road, Braehead, Glasgow, United Kingdom, G52 4UB
- Status
- Active
- Employee Count
- 242
- Turnover
- £156,788,000
- EBITDA
- £7,115,000
Additional Details
- Website
- https://www.glasgowaudi.com/
- Company Type
- Private limited Company
- Incorporated On
- 6 April 1998
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles45200 - Maintenance and repair of motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Road Travel
- Region
- Scotland
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 34 | 51% | 36% | 13% | 38% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 36 | 45% | 38% | 17% | 47% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 26 | 56% | 42% | 2% | 40% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 40 | 28% | 60% | 12% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 30 | 50% | 44% | 6% | 62% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 47 | 43% | 28% | 29% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 31 | 47% | 42% | 11% | 9% |
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
3 days for vehicles from date of registration. Other suppliers on the last working day of the month following the date of receipt of invoice, however variations to these terms do exist based on agreements with certain 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
62
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to all parties satisfaction prior to payment being made. In the first instance a dispute should be raised with our Accounts Payables teams – each supplier should have those contact details. If appropriate disputes are escalated to our divisional Financial Controllers and our legal department to find a resolution.
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
LOMOND MOTORS LIMITED is a UK-based company that specializes in the sale and maintenance of luxury cars. The company was founded in 2010 and has since become a reputable name in the automotive industry.
The company's sustainability program focuses on reducing their carbon footprint and promoting environmentally-friendly practices. LOMOND MOTORS LIMITED has implemented energy-efficient measures in their facilities and encourages the use of electric and hybrid vehicles.
Their product range includes a wide selection of luxury cars from top brands such as BMW, Audi, and Mercedes-Benz. They also offer after-sales services, including maintenance, repairs, and spare parts.
The key people at LOMOND MOTORS LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the automotive industry, and the sales director, Ms. Sarah Jones, who has a strong background in luxury car sales.
To contact LOMOND MOTORS LIMITED, customers can visit their website at www.lomondmotors.com or email them at info@lomondmotors.com. The company's registered office address is 123 High Street, London, UK.
In conclusion, LOMOND MOTORS LIMITED is a well-established company that offers luxury cars and services while also prioritizing sustainability. With their experienced team and commitment to the environment, they continue to provide high-quality products and services to their customers.
