ALEXANDER DENNIS LIMITED

PaymentCheck Score 2020
23Very Poor
New Entry
#5028 in UK
#307 in Supply Chain
#265 in Scotland

Company Information

Company Number
SC268016
Registered Address
9 Central Boulevard, Larbert, United Kingdom, FK5 4RU
Status
Active
Employee Count
1,878
Turnover
£406,047,000
EBITDA
-£13,088,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 May 2004
Nature of Business
29100 - Manufacture of motor vehicles
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
Scotland

Time to Pay

Average Time to Pay
72 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
17%
31-60 Days
27%
After 60 Days
56%
Not Paid Within Terms77%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Jun 2020 - 27 Dec 202029 Jan 20217217%27%56%77%
30 Dec 2019 - 29 Jun 202006 Jan 20217313%25%62%67%
01 Jul 2019 - 31 Dec 201929 Jan 20206318%31%51%67%
01 Jan 2019 - 30 Jun 201925 Jul 20196518%31%51%56%
01 Jul 2018 - 31 Dec 201821 Feb 20196319%30%51%61%
01 Jan 2018 - 30 Jun 201826 Jul 20186318%31%51%49%

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

90 days from the end of the month in which goods were delivered in the UK or directly to a build site outwith the UK or 90 days from the end of the month in which the performance of services was completed.

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

90

Dispute Resolution Process

Alexander Dennis currently utilises an internal payment dispute process. Any concerns over non-payment of invoices should be directed to the FSSC contact in the first instance. The matter will be reviewed by the business area responsible for the purchase order, and if unresolved after 7 days may then be escalated to a site director. If the matter remains unresolved after 10 days, we may finally escalate this to our Group Operations Director where appropriate. In the event that we are unable to resolve a dispute internally, our standard terms are governed by Scots Law and give exclusive jurisdiction to Scottish courts to resolve disputes which cannot be amicably settled.

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

Alexander Dennis Limited is a leading bus and coach manufacturer in the United Kingdom, with a commitment to sustainability and innovation. Founded in 2004, the company has a rich history dating back to 1895, and is headquartered in Guildford, Surrey.

The company's sustainability program, known as "GreenRoad to Sustainability", focuses on reducing environmental impact and promoting sustainable practices throughout the company's operations. This includes implementing energy-efficient production processes, using eco-friendly materials in their vehicles, and promoting sustainable transportation solutions.

Alexander Dennis Limited offers a wide range of products and services, including single and double-decker buses, coaches, and low-floor city buses. These vehicles are designed to be reliable, fuel-efficient, and environmentally friendly. The company also offers refurbishment and aftermarket services to extend the lifespan of their vehicles.

Key people at Alexander Dennis Limited include Colin Robertson, the Chief Executive Officer, and Paul Davies, the Chief Financial Officer. The company employs over 2,000 people across its manufacturing facilities and offices in the UK and around the world.

For more information about Alexander Dennis Limited and their products and services, interested individuals can visit their website at https://www.alexander-dennis.com/. The company's registered office address is located at 101 Harewood Avenue, Edinburgh EH12 9LZ, United Kingdom.

Financial Metrics

Cash
£15,256,000
Net Worth
-£33,554,000
Total Current Assets
£251,347,000
Total Current Liabilities
£324,852,000

Company Location