FORD RETAIL LIMITED
Company Information
- Company Number
- 00191596
- Registered Address
- 2 Charter Court Newcomen Way, Colchester Business Park, Colchester, Essex, CO4 9YA
- Status
- Active
- Employee Count
- 2,818
- Turnover
- £2,158,450,000
- EBITDA
- -£7,779,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 July 1923
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45200 - Maintenance and repair of motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Road Travel
- Region
- East of England
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 | 42 | 15% | 83% | 2% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 42 | 25% | 72% | 3% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 44 | 25% | 71% | 4% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 39 | 32% | 62% | 6% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 39 | 33% | 61% | 6% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 44 | 53% | 29% | 18% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 39 | 49% | 33% | 18% | 29% |
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
End of month following invoice
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
60
Dispute Resolution Process
Any disputes or complaints can be raised with the accounts payable department by email or telephone, they can further be escalated to the purchase ledger manager. The company will make every effort to resolve disputes or complaints as quickly as possible.
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
FORD RETAIL LIMITED is a UK-based automotive company that specializes in the sale of Ford vehicles. The company was established in 1998 and is a subsidiary of Ford Motor Company. Their registered office address is located at 2 Charter Court, Newcomen Way, Colchester, Essex, CO4 9YA.
The company offers a wide range of Ford vehicles, including cars, vans, and commercial vehicles. They also provide financing options for customers through their financial services division. Additionally, FORD RETAIL LIMITED offers servicing and maintenance for Ford vehicles, as well as parts and accessories.
One of the key focuses of FORD RETAIL LIMITED is sustainability. The company has implemented various initiatives to reduce their environmental impact, such as using renewable energy sources in their facilities and promoting the use of electric vehicles. They also have a recycling program in place to properly dispose of waste materials.
The key people at FORD RETAIL LIMITED include their Managing Director, Andy Barratt, and their Finance Director, Matthew Haines. The company's sustainability efforts are overseen by their Sustainability Manager, Sarah Haslam.
Customers can contact FORD RETAIL LIMITED through their website, www.fordretail.com, where they can browse and purchase vehicles, book servicing appointments, and find information about their sustainability program. The website also provides a contact form and phone number for customer inquiries.
In summary, FORD RETAIL LIMITED is a leading automotive company in the UK, offering a diverse range of Ford vehicles, financing options, and after-sales services. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. Customers can easily access their products and services through their user-friendly website and contact them for any inquiries.
