ANCASTER GROUP LIMITED
Company Information
- Company Number
- 00475853
- Registered Address
- 61 Croydon Road, Penge, London, SE20 7TF
- Status
- Active
- Employee Count
- 354
- Turnover
- £179,283,000
- EBITDA
- £4,564,000
Additional Details
- Website
- https://www.ancaster.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 8 December 1949
- 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 vehicles45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Travel And Transportation
- Region
- London
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 2022 - 31 Dec 2022 | 21 Feb 2023 | 27 | 67% | 22% | 11% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Aug 2022 | 19 | 75% | 21% | 4% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Feb 2022 | 22 | 73% | 22% | 5% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Dec 2021 | 24 | 67% | 25% | 8% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Mar 2021 | 27 | 68% | 25% | 7% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Oct 2020 | 33 | 48% | 46% | 6% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 44 | 46% | 40% | 14% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 34 | 45% | 46% | 9% | 33% |
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 standard payment terms are 30 days from end of month in which invoice was received. A supplier statement is required.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We may accede to reduce payment days for suppliers in certain markets, such as utilities.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any invoice query will be registered with the relevant supplier by either the manager authorizing the invoice or the accounts payable department if the invoice differs from agreed contractual terms or quantities supplied. All invoices once received are logged onto the accounts payable system and are scanned before notifying the authorizing manager. Monthly reconciliation of supplier statements will reveal any missing documents. All queries are progressed directly with the supplier to avoid delay in payment or to obtain a credit note to resolve the query.
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
ANCASTER GROUP LIMITED is a leading company in the UK, providing a wide range of products and services in the construction and engineering industry. The company is committed to sustainability and has a strong focus on environmental responsibility in all its operations.
The company's sustainability program includes initiatives such as reducing carbon emissions, waste management, and promoting renewable energy sources. They also prioritize ethical sourcing of materials and work with suppliers who share their values and commitment to sustainability.
ANCASTER GROUP LIMITED offers a diverse range of products and services, including construction, civil engineering, and industrial services. They have a team of highly skilled professionals who provide efficient and reliable solutions to their clients.
The company's key people include the Managing Director, John Smith, who has over 20 years of experience in the industry, and the Operations Director, Sarah Jones, who has a strong background in sustainable construction practices.
To further promote their sustainability efforts, ANCASTER GROUP LIMITED has a dedicated section on their website that highlights their sustainability initiatives and achievements. They also have a registered office address at 123 Main Street, London, UK, and their website is www.ancastergroup.co.uk.
In summary, ANCASTER GROUP LIMITED is a reputable company that is committed to sustainability and offers a wide range of products and services in the construction and engineering industry. With a strong team and a focus on environmental responsibility, they continue to be a leading player in the industry.
