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 | 20 Jan 2026 | 35 | 40% | 54% | 6% | 73% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 33 | 46% | 49% | 5% | 75% |
| 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 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 31 | 50% | 47% | 3% | 74% |
| 01 Jun 2022 - 30 Jun 2022 | 05 Jul 2022 | 28 | 55% | 41% | 4% | 71% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 19 | 82% | 18% | 0% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Jul 2021 | 25 | 72% | 24% | 4% | 90% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 45 | 45% | 39% | 15% | 79% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 32 | 56% | 31% | 13% | 81% |
| 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% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 30 | 59% | 31% | 9% | 25% |
This information is as reported by the business, and responses are in their own words.
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
No additional information
Maximum contractual payment period agreed
0
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.
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
Barretts of Canterbury Limited trades as Barretts Motor Group, a family-owned car dealership operating in Kent since 1902. It is an official retailer of Jaguar, Land Rover, BMW, MINI, BMW Motorrad, Nissan, Kia and Honda vehicles, selling new and used cars from dealerships in Ashford and Canterbury. Alongside vehicle sales, it provides aftersales services including servicing, MOTs, repairs and genuine manufacturer parts. The company also supports customers through the Motability scheme and offers finance and insurance products, acting as a credit broker and as an appointed representative for general insurance distribution under FCA regulation. It caters to both private buyers and business customers seeking new or used vehicles.
Generated from the company's website and Companies House records. Sources: barrettskent.co.uk