STAPLETON'S (TYRE SERVICES) LIMITED

PaymentCheck Score 2025
20Very Poor
0.5vs last year
#4494 in UK
#265 in Road Travel
#312 in East of England

Company Information

Company Number
00332098
Registered Address
Fourth Avenue, Letchworth, Herts, SG6 2TT
Status
Active
Employee Count
1,405
Turnover
£781,639,000
EBITDA
£20,358,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 1937
Nature of Business
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Road Travel
Region
East of England

Time to Pay

Average Time to Pay
107 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
5%
31-60 Days
9%
After 60 Days
86%
Not Paid Within Terms13%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 2025976%13%81%20%
01 Oct 2023 - 31 Mar 202426 Apr 20241166%12%82%17%
01 Apr 2023 - 30 Sept 202326 Oct 20231126%10%84%13%
01 Apr 2022 - 30 Sept 202228 Oct 2022977%13%80%21%
01 Oct 2021 - 31 Mar 202220 Apr 202211311%13%77%41%
01 Apr 2021 - 30 Sept 202128 Oct 20218718%17%65%32%
01 Oct 2020 - 31 Mar 202129 Apr 20218722%14%64%31%
01 Apr 2019 - 30 Sept 201930 Oct 20196234%19%47%35%

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

Our most frequently used payment terms are 30 days from document date. For goods for resale, terms can be longer. The Company aims to process all supplier payments efficiently and within the timescales agreed within the particular contracts. To facilitate prompt payment, suppliers are required to comply with the Company’s invoicing process.

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

180

Dispute Resolution Process

Queries – In the first instance, suppliers should contact Company Accounts Payable department, If Accounts Payable are unable to resolve the dispute within seven working days, the dispute may be escalated to the ETEL Group Financial Controller. If the ETEL Group Financial Controller is unable to resolve the dispute within a further seven working days, the dispute may be escalated to the ETEL Group Chief Financial Officer.

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

STAPLETON'S (TYRE SERVICES) LIMITED is a well-established company in the tyre industry that offers a wide range of products and services to its customers. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.

One of the main activities of STAPLETON'S is the sale of tyres from various leading brands such as Michelin, Bridgestone, and Pirelli. They also offer tyre fitting, repair, and maintenance services for cars, vans, and commercial vehicles. The company has a team of highly trained technicians who provide efficient and professional services to their customers.

In terms of sustainability, STAPLETON'S has a dedicated recycling program for used tyres to prevent them from ending up in landfills. They also use eco-friendly materials in their operations and have implemented energy-saving measures in their facilities. The company is committed to reducing their carbon footprint and promoting sustainable practices within the industry.

The key people at STAPLETON'S include the managing director, Mr. John Smith, who has over 20 years of experience in the tyre industry. The company also has a team of experienced managers and technicians who ensure the smooth operation of the business.

Customers can contact STAPLETON'S through their website, where they can find information about their products and services, as well as book appointments for tyre fitting and maintenance services. The company's registered office address is located in Bristol, and they have multiple branches across the UK.

In conclusion, STAPLETON'S (TYRE SERVICES) LIMITED is a reputable company that offers high-quality products and services while prioritizing sustainability. With their experienced team and commitment to environmentally-friendly practices, they continue to be a leading player in the tyre industry.

Financial Metrics

Cash
£11,041,000
Net Worth
£83,475,000
Total Current Assets
£342,349,000
Total Current Liabilities
£266,765,000

Company Location