BETA This is a new service – your feedback will help us to improve it.

MOTUS GROUP (UK) LIMITED

Company number: 00653665

Reporting period:
1 January 2019 to 30 June 2019

---

This information is as reported by the business, and responses are in their own words.

This report was filed on 30 July 2019

and approved by Andrew Welch

Payment statistics

Average time taken to pay invoices: 32 days

Invoices paid:

• within 30 days: 64%
• in 31 to 60 days: 26%
• in 61 days or more: 10%

Invoices due but not paid within agreed terms: 53 %

Payment terms

Shortest standard payment period

45 days

Longest standard payment period

70 days

Standard payment terms

Our standard payment terms range between the 15th of the month following the invoice date and the 10th of the second month following the invoice date.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

70 days

Our maximum contractual payment period range between 45 and 70 days.

Any other information about payment terms

N/A

Dispute resolution process

Motus Commercials division - disputes are dealt with by our central purchase ledger team and escalated to business managers as necessary.
Pentagon Motors division - any payment queries will initially be redirected to the site accounts department. If they are not resolved, they will be escalated to the department manager.
Mercedes Commercials division - contact purchase ledger in first instance, the manager who placed the order will resolve with the supplier.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No

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.

No

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.

No

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?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No