GOV.UK
MOTUS GROUP (UK) LIMITED
Company number: 00653665
Reporting period:
1 January 2023
to 30 June 2023
This report was filed on 28 July 2023
and approved by Andrew Welch
Payment statistics
Average time taken to pay invoices: 32 days
Invoices paid:
- within 30 days: 58%
- in 31 to 60 days: 32%
- in 61 days or more: 10%
Invoices due but not paid within agreed terms: 48 %
Payment terms
Shortest standard payment period
45 days
Longest standard payment period
61 days
Standard payment terms
Motus Commercials division
Our standard payment terms are the 15th of the month following invoice date. Most of our purchase contracts are agreed at the supplier standard terms.
MVS division
Our standard payment terms are 30 days from invoice date.
Pentagon Motors division
Our standard terms are the 28th of the month following invoice date.
Motus Truck & Van division
Our standard terms are the 20th of the month following invoice date.
Were there any changes to the standard payment terms in the reporting period?
Yes – In Motus Truck & Van division we have improved our payment terms to align with the terms we request from our customers.
Were suppliers notified or consulted about these changes before they were made?
No
Maximum contractual payment period agreed
70 days
Motus Commercials division = 60 days
MVS division = 60 days
Pentagon Motors division = 60 days
Motus Truck & Van division = 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
MVS 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.
Motus Truck & Van 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