Their own payment-practices filing · gov.uk
Driveline Limited paid suppliers in 36 days on average — inside its 60-day stated terms
Their H1 2024 filing put the average 24 days inside their stated 60-day term.
- Their stated terms
- 60 days
- Paid outside agreed terms
- 18% of invoices
- Paid after 61+ days
- 3%
- Reporting period
- 1 Oct 2023 – 31 Mar 2024
- Source
- their gov.uk filing, filed 26 Apr 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid 24 days inside the 60-day term they state
Where their invoices landed · share of all invoices
The pattern · last 5 of 5 reports
Held steady around 36 days
The read · computed from their figures
Driveline Limited's H1 2024 filing put their average at 36 days against stated terms of 60 days; 18% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 26 Apr 2024.
The pattern is steady — their reported average moves within about ±6 days period to period.
That is 5 statutory periods on record (earliest H1 2022) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Standard terms offered are for payment at the end of the month following the invoice date. However, the company operates a motor vehicle franchise model. The major vehicle manufacturers dictate their own specific terms varying from one manufacturer to another. The individual manufacturer's terms will also vary dependant on the type of transaction - for instance the terms for a new vehicle sale will differ from those offered for sale of original equipment parts. The shortest payment term is collection by direct debit on the date the invoice is issued equating to 0 days payment terms.
Dispute resolution
When invoices are received they are assigned to an Authorising Manager. If a dispute arises it is the responsibility of the Authorising Manager to liaise with the supplier to resolve any issues. The invoice will be put on hold during this process. Accounts Payable reconcile supplier statements monthly and at that point they will liaise with the authorising manager to progress any outstanding disputes. Reasons for withholding payment can also be recorded against the invoice on the Accounts Payable system.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 36 | 18% | 3% | 26 Apr 2024 |
| H2 2023 | 38 | 28% | 3% | 20 Oct 2023 |
| H1 2023 | 26 | 49% | 4% | 26 Apr 2023 |
| H2 2022 | 27 | 50% | 3% | 21 Oct 2022 |
| H1 2022 | 36 | 63% | 8% | 29 Apr 2022 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 2 Jan 2003
- Registered office
- C/O MARSHALL VOLKSWAGEN MILTON KEYNES,, MILTON KEYNES, MK10 0BN
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Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-04626624 · latest period to 31 Mar 2024
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