BARRETTS OF CANTERBURY LIMITED
Company Information
- Company Number
- 00349070
- Registered Address
- Broad Oak Road, Canterbury, Kent, United Kingdom, CT2 7PQ
- Status
- Active
- Employee Count
- 467
- Turnover
- £261,383,000
- EBITDA
- £6,946,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 February 1939
- 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 vehicles45320 - Retail trade of motor vehicle parts and accessories
- Industries
- Travel And Transportation
- 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 | 14 Jan 2025 | 34 | 48% | 49% | 3% | 72% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Jul 2024 | 31 | 53% | 44% | 3% | 76% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 32 | 53% | 43% | 4% | 75% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 18 | 84% | 16% | 0% | 92% |
| 01 Jun 2022 - 30 Jun 2022 | 05 Jul 2022 | 28 | 55% | 41% | 4% | 71% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Jul 2021 | 25 | 72% | 24% | 4% | 90% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 29 | 59% | 37% | 4% | 72% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 25 | 63% | 34% | 2% | 72% |
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 length of time taken to pay invoices is determined by the payment terms laid down by our suppliers. We make two payment runs per month, including all authorised and due invoices at that time. Payment is by BACS. The majority, by value, of the invoices received to Barretts of Canterbury Limited are for our franchised vehicle purchases and aftersales parts supply. These accounts are collected by Direct Debit with dates and terms decided by the manufacturer/supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We have not changed any standard payment terms in the period.
Maximum contractual payment period agreed
0
Dispute Resolution Process
We are a small business, with all departments based locally in East Kent. Communication is fluid and informal, with suppliers being able to contact the business easily. We are now only receiving a small number of invoices as the main construction that the business was doing is now complete. Invoices are dealt with by the Purchase Ledger Supervisor. He will ensure that invoices are authorised and request further details, delivery notes or order numbers, usually by telephone, if required.
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
BARRETTS OF CANTERBURY LIMITED is a family-run business that has been operating since 1890 and is based in Canterbury, England. They are a leading retailer of luxury goods, including clothing, accessories, and homeware.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and implementing recycling programs, and promoting sustainable sourcing of materials.
Their product range includes high-end fashion brands, such as Burberry, Gucci, and Prada, as well as their own luxury brand, Barrett's. They also offer a range of premium homeware and accessories.
The key people in the company include the managing director, Mr. John Barrett, who has been with the company for over 20 years, and the creative director, Ms. Laura Barrett, who oversees the design and production of their own brand products.
BARRETTS OF CANTERBURY LIMITED has a strong online presence and their website, www.barretts.co.uk, allows customers to shop their products from the comfort of their own home. They also have a flagship store in Canterbury, as well as several other locations throughout the UK.
The registered office address for BARRETTS OF CANTERBURY LIMITED is 6-24 Castle Street, Canterbury, Kent, CT1 2QH. They can also be contacted via email at customerservice@barretts.co.uk or by phone at +44 (0)1227 766866.
In summary, BARRETTS OF CANTERBURY LIMITED is a well-established luxury retailer with a strong commitment to sustainability. Their range of high-end products, along with their focus on environmental responsibility, makes them a leader in the industry.
