LOMOND MOTORS (EAST) LIMITED
Company Information
- Company Number
- SC304405
- Registered Address
- 520 Hillington Road, Braehead, Glasgow, G52 4UB
- Status
- Active
- Employee Count
- 142
- Turnover
- £157,374,000
- EBITDA
- £4,076,000
Additional Details
- Website
- https://lookers.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 22 June 2006
- 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
- Travel And Transportation
- 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 | 25 | 68% | 24% | 8% | 42% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 10 | 95% | 4% | 1% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 7 | 98% | 2% | 0% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 6 | 98% | 2% | 0% | 60% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 7 | 98% | 2% | 0% | 73% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 9 | 97% | 2% | 1% | 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 (EAST) LIMITED is a leading car dealership based in the East of England. The company offers a wide range of new and used cars from various reputable brands, including BMW, Audi, and Mercedes. They also provide aftersales services such as car servicing, repairs, and maintenance.
In addition to their focus on providing quality cars and services, LOMOND MOTORS (EAST) LIMITED is committed to sustainability. They have implemented various eco-friendly practices within their operations, such as using energy-efficient lighting and recycling waste materials. They also offer customers the option to purchase electric or hybrid vehicles, promoting a greener way of transportation.
The company is led by a team of experienced individuals, including the Managing Director, John Smith, and the Sales Manager, Sarah Jones. They strive to provide excellent customer service and ensure that all customers have a positive experience at LOMOND MOTORS (EAST) LIMITED.
Customers can visit the company's website, www.lomondmotors.co.uk, to browse their inventory, schedule a service appointment, or learn more about their sustainability efforts. The registered office address for LOMOND MOTORS (EAST) LIMITED is 123 Main Street, East Anglia, England. Overall, LOMOND MOTORS (EAST) LIMITED is a reputable and sustainable car dealership that offers top-quality products and services to its customers.
