HENDY GROUP LIMITED
Company Information
- Company Number
- 00192872
- Registered Address
- Hendy Group School Lane, Chandlers Ford Industrial Estate, Eastleigh, Hampshire, SO53 4DG
- Status
- Active
- Employee Count
- 1,762
- Turnover
- £1,163,566,000
- EBITDA
- £20,233,000
Additional Details
- Website
- https://hendyeshop.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 4 October 1923
- 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
- Road Travel
- Region
- South East
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 | 29 Jul 2025 | 46 | 37% | 36% | 27% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 35 | 54% | 30% | 16% | 61% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 32 | 58% | 32% | 10% | 59% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 32 | 58% | 35% | 7% | 65% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 30 | 61% | 32% | 7% | 65% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 55 | 11% | 58% | 31% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 39 | 11% | 58% | 31% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 56 | 20% | 48% | 32% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 33 | 52% | 32% | 16% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 56 | 20% | 48% | 32% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 55 | 11% | 62% | 27% | 10% |
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
The payment terms for the supply of most of the stock of the company, which is by far the largest category of supply by value, are generally dictated by the supplier as part of the agreement to distribute their products. For other suppliers, payment terms will generally be part of the negotiation for the supply of the product or service, and will be considered alongside price, quality and reliability in selecting the appropriate supplier. The company would generally expect a minimum of 30 day terms, but would normally seek terms of at least 30 days from the end of the month of invoice, which should average out at a term of around 45 days. Once agreed, the company aims to adhere to these terms as far as is practically possible. Payments for stock are generally settled by direct debit. Other supplier invoices are processed with due dates, and are picked up for settlement in the first payment run following the due date. The company runs a main payment run once a month, early in the month, and a second one mid-month. It also makes ad hoc payments throughout the month where the need arises.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Given that disputes over supplier invoices are an unusual occurrence, the company deals with disputes on an ad hoc basis. The company has a centralised purchase ledger department which processes and pays supplier invoices, once they have been logged, and then approved on the operating system by the manager who made the commitment to purchase. Should a supplier fail to receive payment for an invoice as expected, they should in the first instance contact the purchase ledger department on 02380-483100, to confirm whether the invoice has been received and logged, and then whether it has been approved by the relevant manager. In the event that the invoice has not been received and logged, a copy will be requested. An electronic invoice sent by e-mail is acceptable. Should the invoice be logged, but not approved by the manager who made the commitment to purchase, the purchase ledger team will inform the supplier that the invoice has not been approved, and will refer the supplier back to the manager who made the commitment. Every week managers of the company automatically receive lists of supplier invoices logged to them which remain unapproved, representing a proactive process to ensure supplier invoices are approved promptly. It is much easier to resolve disputes where the supplier is able to quote the number of the purchase order made by the company, or to provide a copy of that order.
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
HENDY GROUP LIMITED is a automotive company based in the UK. The company was founded in 1859 and has since grown to become one of the largest privately owned motor groups in the country. Their registered office address is located in Eastleigh, Hampshire.
The company offers a wide range of products and services, including new and used cars, commercial vehicles, and aftersales services such as repairs and maintenance. They are also an approved dealer for multiple brands, including Ford, Kia, and Honda.
HENDY GROUP LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in green technologies, such as electric and hybrid vehicles, and have also implemented eco-friendly practices in their operations, such as recycling and reducing waste.
The key people in the company include Paul Hendy, the Chairman, and Mark Busby, the Managing Director. Both have extensive experience in the automotive industry and are dedicated to driving the company's success.
Customers can contact HENDY GROUP LIMITED through their website, where they can browse and purchase vehicles, or through their network of dealerships located across the South Coast of England. The company also has an active social media presence, where they share updates and promotions.
In summary, HENDY GROUP LIMITED is a well-established automotive company in the UK, offering a range of products and services while prioritizing sustainability. With experienced leadership and a strong presence in the market, the company continues to grow and serve its customers.
