| 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 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 34 | 47% | 48% | 5% | 21% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 34 | 49% | 46% | 5% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 30 | 53% | 46% | 2% | 6% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 35 | 52% | 45% | 3% | 7% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Oct 2022 | 33 | 46% | 50% | 4% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 32 | 53% | 41% | 6% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 36 | 55% | 35% | 10% | 77% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 38 | 52% | 42% | 6% | 74% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 33 | 53% | 36% | 11% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms offered are for payment at the end of the month following the invoice date. However, the company operates a motor vehicle franchise model. The major vehicle manufacturers dictate their own specific terms varying from one manufacturer to another. The individual manufacturer's terms will also vary dependant on the type of transaction - for instance the terms for a new vehicle sale will differ from those offered for sale of original equipment parts. The shortest payment term is collection by direct debit on the date the invoice is issued equating to 0 days payment terms.
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
When invoices are received they are assigned to an Authorising Manager. If a dispute arises it is the responsibility of the Authorising Manager to liaise with the supplier to resolve any issues. The invoice will be put on hold during this process. Accounts Payable reconcile supplier statements monthly and at that point they will liaise with the authorising manager to progress any outstanding disputes. Reasons for withholding payment can also be recorded against the invoice on the Accounts Payable system.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
S.G. Smith (Motors) Beckenham Limited is a car dealership and service center located in Beckenham, UK. The company was founded in 1938 and has been providing quality vehicles and services to customers for over 80 years.
The dealership offers a wide range of new and used cars from reputable brands such as Audi, Volkswagen, SEAT, and Skoda. Their service center also provides maintenance, repairs, and MOT testing for all makes and models of cars.
In addition to their products and services, S.G. Smith (Motors) Beckenham Limited is committed to sustainability. They have implemented various green initiatives, such as using energy-efficient lighting and recycling materials, to reduce their environmental impact.
The company's key people include Managing Director, Nicholas Smith, and Sales Director, Christopher Smith. They lead a team of knowledgeable and friendly staff who strive to provide excellent customer service.
Customers can contact S.G. Smith (Motors) Beckenham Limited through their website, which also features an online showroom for browsing and purchasing cars. The company's registered office address is 94 High Street, Beckenham, Kent, BR3 1ED.
In summary, S.G. Smith (Motors) Beckenham Limited is a reputable car dealership and service center in the UK, offering a wide range of vehicles and services. Their commitment to sustainability and excellent customer service sets them apart from other dealerships. Interested customers can visit their website or contact them for more information.