NORTON WAY MOTORS LIMITED
Company Information
- Company Number
- 00730865
- Registered Address
- Norton Way North, Letchworth, Hertfordshire, SG6 1BL
- Status
- Active
- Employee Count
- 447
- Turnover
- £368,428,000
- EBITDA
- £3,347,000
Additional Details
- Website
- https://chiswickbike.com/
- Company Type
- Private limited Company
- Incorporated On
- 25 July 1962
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles
- Industries
- Travel And Transportation
- Region
- East of England
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 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 32 | 62% | 26% | 12% | 38% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 42 | 56% | 23% | 21% | 44% |
| 01 Apr 2023 - 30 Sept 2023 | 02 Nov 2023 | 30 | 53% | 37% | 10% | 47% |
| 01 Oct 2022 - 31 Mar 2023 | 03 May 2023 | 22 | 65% | 31% | 4% | 35% |
| 01 Apr 2022 - 30 Sept 2022 | 07 Nov 2022 | 17 | 72% | 26% | 2% | 29% |
| 01 Oct 2021 - 31 Mar 2022 | 11 May 2022 | 21 | 70% | 26% | 4% | 30% |
| 01 Apr 2021 - 30 Sept 2021 | 10 Nov 2021 | 21 | 67% | 28% | 5% | 33% |
| 01 Oct 2020 - 31 Mar 2021 | 11 May 2021 | 22 | 68% | 27% | 6% | 33% |
| 01 Apr 2019 - 30 Sept 2019 | 18 Oct 2019 | 21 | 68% | 26% | 6% | 32% |
| 01 Apr 2018 - 30 Sept 2018 | 13 Nov 2018 | 22 | 64% | 29% | 7% | 34% |
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 largest category of supply by value relates to vehicle stock, the terms of which are dictated by the manufacturer who typically require payment by direct debit within 2-3 working days of the invoice date. Other supplier invoices are paid at the end of the month following the invoice date, which results in a standard payment period of between 30 and 60 days. Ad hoc payments are also made throughout the month as required.
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
Dispute Resolution Process
On the rare occasions when there is a dispute, the issue is initially dealt with by the administration team at branch level to ensure it is settled as quickly as possible. Should the branch be unable to resolve the matter, the issue is referred to the head office management team in order to come to a resolution. Each dispute is dealt with individually based on the specific circumstances.
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
Norton Way Motors Limited is a family-owned car dealership and service center that has been operating in the UK for over 30 years. They are committed to providing high-quality products and services while also prioritizing sustainability and reducing their environmental impact.
Their sustainability program includes initiatives such as using renewable energy sources, implementing energy-efficient practices, and reducing waste through recycling and responsible disposal. They also offer eco-friendly vehicle options, including hybrid and electric cars, to their customers.
Norton Way Motors Limited offers a wide range of products and services, including new and used car sales, servicing and repairs, and parts and accessories. They are an authorized dealer for several popular car brands, including Honda, Mazda, Peugeot, and Suzuki.
The key people at Norton Way Motors Limited include the managing director, David Grainger, and the operations director, Paul Higgs. They lead a team of experienced and knowledgeable staff who are dedicated to providing excellent customer service.
To contact Norton Way Motors Limited, individuals can visit their website at www.nortonway.com or call their registered office at 0800 999 3365. Their registered office is located at Norton Way North, Letchworth Garden City, Hertfordshire, SG6 1BL.
In summary, Norton Way Motors Limited is a reputable car dealership and service center that not only offers high-quality products and services but also prioritizes sustainability and reducing their environmental impact. With a dedicated team of professionals and a commitment to customer satisfaction, they continue to be a leading choice for car buyers and owners in the UK.
