| 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 2025 - 31 Dec 2025 | 13 Apr 2026 | 40 | 16% | 83% | 1% | 1% |
| 01 Jan 2025 - 30 Jun 2025 | 08 Dec 2025 | 40 | 25% | 73% | 2% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Mar 2025 | 42 | 25% | 74% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Aug 2024 | 41 | 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 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 38 | 20% | 79% | 1% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 39 | 19% | 78% | 3% | 4% |
This information is as reported by the business, and responses are in their own words.
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
No additional information
Maximum contractual payment period agreed
61
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.
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.
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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.
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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.
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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
Porsche Retail Group Limited is the registered company operating Porsche Centre West London, an official Porsche dealership. It sells new and approved pre-owned Porsche vehicles, including models such as the 911, Taycan, Panamera, Macan and Cayenne, offers vehicle configuration tools, and provides finance options for purchases. The dealership also supplies servicing, repairs, accessories, parts and personalisation for Porsche cars, and its site references classic car sales too. Incorporated in 1927 and registered at premises in Reading, Berkshire, the company's stated SIC codes cover the sale of new cars and light motor vehicles and vehicle maintenance and repair, consistent with its role as a franchised car retailer and service centre.
Generated from the company's website and Companies House records. Sources: porschewestlondon.co.uk · porschewestlondon.co.uk