PORSCHE RETAIL GROUP LIMITED
Company Information
- Company Number
- 00220221
- Registered Address
- Bath Road, Calcot, Reading, Berkshire, RG31 7SE
- Status
- Active
- Employee Count
- 338
- Turnover
- £518,424,000
- EBITDA
- £23,428,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 March 1927
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45200 - Maintenance and repair of motor vehicles
- 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 Jul 2024 - 31 Dec 2024 | 17 Mar 2025 | 42 | 25% | 74% | 1% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 08 Mar 2024 | 40 | 19% | 81% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Mar 2023 | 41 | 25% | 73% | 2% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Aug 2022 | 41 | 25% | 73% | 2% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Feb 2022 | 40 | 24% | 74% | 2% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Sept 2021 | 39 | 31% | 69% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Feb 2021 | 41 | 27% | 72% | 1% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Oct 2020 | 42 | 24% | 74% | 2% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 39 | 19% | 78% | 3% | 4% |
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
Porsche Retail Group Ltd as standard pays all its suppliers and distributors no later than the last day of the month following the month in which the relevant undisputed invoice is received by PRG i.e. between 31 and 61 days from receipt. Variations to these standard terms are by exception only and only applied when negotiated and agreed by both parties.
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
61
Dispute Resolution Process
If at any time any dispute arises between the Porsche Retail group and the supplier, under the contract the parties are obliged to escalate the dispute to senior representatives of the parties who shall use their reasonable endeavor's to resolve the dispute in good faith within 30 days of the date the matter was referred to them. For PRG the escalation point would be the current procurement team.
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
Porsche Retail Group Limited is a leading luxury automotive retailer in the UK, specializing in Porsche vehicles. The company is committed to sustainability, both in its operations and its products.
The company offers a wide range of products and services, including new and pre-owned Porsche vehicles, servicing and maintenance, and parts and accessories. They also provide finance and insurance options for their customers.
Porsche Retail Group Limited is led by a team of experienced and knowledgeable individuals, including the Managing Director, Sales Director, and Aftersales Director. They strive to provide exceptional customer service and maintain the brand's reputation for excellence.
In terms of sustainability, Porsche Retail Group Limited has implemented several initiatives to reduce their environmental impact. This includes using energy-efficient technologies, reducing waste, and promoting sustainable mobility solutions.
The company also offers Porsche E-Performance vehicles, which are fully electric or hybrid models, as part of their commitment to sustainability. They also have a partnership with the non-profit organization, The Ocean Cleanup, to support their efforts in cleaning up plastic pollution in the ocean.
To learn more about Porsche Retail Group Limited and their products and services, you can visit their website at www.porsche.co.uk/retail. Their registered office address is Porsche Retail Group Limited, Bath Road, Calcot, Reading, Berkshire, RG31 7SE.
