Industry ranking
| 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 | 23 Jan 2026 | 33 | 49% | 45% | 6% | 17% |
| 01 Jan 2025 - 30 Jun 2025 | 22 Aug 2025 | 32 | 51% | 43% | 6% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 30 | 52% | 44% | 4% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 27 | 61% | 34% | 5% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 32 | 48% | 45% | 7% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 30 | 46% | 47% | 7% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 29 | 49% | 46% | 5% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 30 | 45% | 50% | 5% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 32 | 46% | 50% | 4% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 30 | 53% | 42% | 5% | 16% |
| 01 Nov 2018 - 31 Dec 2018 | 26 Mar 2019 | 35 | 45% | 46% | 9% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Most frequent is 30 days
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
Disputes are escalated to Group Accountant and if these cannot be resolved they are addressed by a Director.
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
Frank G. Gates Limited trades as a Ford main dealer, operating under the Gates name from Harlow, Essex. The company sells new and used Ford cars and light vehicles, including models such as the Puma, Kuga, Explorer, Capri, Mustang, Ranger and Tourneo ranges. It also offers vehicle finance and leasing options, acting as a credit broker able to introduce customers to a limited number of lenders. Company records confirm its business includes maintenance and repair of motor vehicles and retail of motor vehicle parts and accessories, consistent with a full-service car dealership. The company has been incorporated since 1930 and remains active.
Generated from the company's website and Companies House records. Sources: ford.gates.co.uk