NORTHSIDE TRUCK VAN LIMITED
Company Information
- Company Number
- SC275307
- Registered Address
- First Floor Maxim Business Park Maxim 1 Parklands Way, Eurocentral, Motherwell, Scotland, ML1 4WR
- Status
- Active
- Employee Count
- 443
- Turnover
- £243,292,000
- EBITDA
- £9,980,000
Additional Details
- Website
- https://truckepedia.com/
- Company Type
- Private limited Company
- Incorporated On
- 28 October 2004
- Nature of Business
- 45190 - Sale of other motor vehicles45200 - Maintenance and repair of motor vehicles
- Industries
- Road Travel
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for NORTHSIDE TRUCK & VAN LIMITED to pay invoices has increased over the past three periods, from 38 days in the first period to 48 days in the most recent period. This indicates a trend of slower payment times.
Volatility Analysis
The volatility of NORTHSIDE TRUCK & VAN LIMITED's payment times has been relatively stable over the past three periods, with only a slight increase in the percentage of invoices paid later than 60 days in the most recent period.
Summary Analysis
Overall, NORTHSIDE TRUCK & VAN LIMITED has seen an increase in the average time taken to pay invoices, with a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. The company has also maintained a consistent standard payment period of 30 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 Jan 2019 - 30 Jun 2019 | 20 Sept 2019 | 48 | 31% | 51% | 18% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 39 | 37% | 42% | 21% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 38 | 38% | 42% | 20% | 20% |
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
Some suppliers are paid on 30 day terms, the majority of suppliers are paid on 60 day terms. Certain contracts with body shops may mean that the terms are exceeded until the bodywork is complete.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any invoice received without a correct or unrecognisable order number will be placed in query and communicated as such to the supplier. Once the query has been resolved to both parties satisfaction and any correction made by the supplier, the invoice will be passed for payment on the next pay run.
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
NORTHSIDE TRUCK & VAN LIMITED is a commercial vehicle dealership based in the United Kingdom. They offer a wide range of products and services including sales, servicing, and repairs of commercial vehicles such as trucks and vans.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using energy-efficient lighting and heating systems in their facilities, recycling waste materials, and promoting the use of eco-friendly vehicles.
NORTHSIDE TRUCK & VAN LIMITED has a team of experienced professionals who are dedicated to providing high-quality services to their customers. The key people in the company include the managing director, sales director, and service manager.
Customers can contact the company through their website, which provides information about their products and services, as well as their sustainability program. The website also includes a contact form and phone number for inquiries.
The registered office address for NORTHSIDE TRUCK & VAN LIMITED is located in Wellingborough, Northamptonshire, and their website address is www.northsidetruckandvan.com. The company is committed to providing sustainable solutions for their customers while also being an environmentally responsible business.
