Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 | 30 Jan 2026 | 52 | 37% | 41% | 22% | 57% |
| 01 Jan 2025 - 30 Jun 2025 | 06 Aug 2025 | 48 | 42% | 37% | 21% | 62% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 50 | 58% | 25% | 17% | 45% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 56 | 43% | 36% | 22% | 68% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 31 | 72% | 17% | 11% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 41 | 50% | 39% | 11% | 40% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 52 | 52% | 32% | 16% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 95 | 44% | 29% | 27% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 104 | 39% | 28% | 33% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 60 | 44% | 35% | 21% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 45 | 52% | 34% | 14% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 38 | 61% | 30% | 9% | 41% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 45 | 46% | 42% | 12% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 60% | 25% | 15% | 46% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoices for purchases of fleet are paid to terms agreed with individual manufacturers. Invoices payable to companies within the ABG Group are paid based on date received + the agreed payment term of 30/45/60 days via a net settlement process offsetting any receivable amounts due from those companies. Offsetting is only possible where the contractual agreement allows.
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
For fleet suppliers, any queries must be emailed to fleet.uk@abg.com. If necessary, subsequent escalation can be made to the fleet team lead or fleet service delivery manager. For other suppliers, any queries must be emailed to Supplierhelpdesk.uk@abg.com. If necessary, subsequent escalation can be made by contacting the Procurement Manager or appropriate stakeholder – the Procurement Manager can then escalate within the team at the shared service centre and ask for specific actions to be taken whilst then communicating with the supplier. Validation is sought from invoice approvers in terms of disputed invoices. Set off may be allowed if a settlement has to be made subject to payment terms and contractual agreement position.
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
Avis Budget UK Limited operates the Avis car and van hire business in the UK, part of the wider international Avis network spanning over 170 countries. The company provides short-term and long-term vehicle rental for leisure and business customers, including cars, vans, seven-seaters and prestige vehicles, from UK airport and city locations as well as European and worldwide sites. It offers additional services such as a loyalty programme, one-way hire, self-service key kiosks and business rental solutions for companies booking corporate travel. The entity has traded from its Bracknell registered office since incorporation in 1964 and continues to operate as an active company within the Avis Budget corporate group.
Generated from the company's website and Companies House records. Sources: avis.co.uk · avis.co.uk