| 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 Sept 2019 - 29 Feb 2020 | 30 Jul 2020 | 100 | 9% | 38% | 53% | 68% |
| 01 Mar 2019 - 31 Aug 2019 | 01 Oct 2019 | 84 | 8% | 41% | 51% | 65% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 75 | 12% | 44% | 44% | 76% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 68 | 34% | 36% | 30% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
75 days end of month plus/minus 4 days
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
100
Any disputes or complaints can be raised with the accounts department by either phone or email. The company makes every effort to resolve disputes as soon as possible.
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
Swift Group Limited is a UK manufacturer of touring caravans, motorhomes, campervans and holiday homes, based at its production site in East Yorkshire. Trading as Swift, it describes itself as the UK's number one leisure vehicle brand and the largest leisure vehicle manufacturer in the country, with over 60 years of history since its founding in 1964. Its ranges include the Sprite, Challenger, Conqueror and Elegance Grande caravans, plus motorhomes such as Voyager, Trekker, Escape and Kon-Tiki, and campervans including Carrera and Merlin. The company also offers holiday homes, luxury lodges and pods, alongside aftercare, warranties and vehicle hire services, and supplies products through a network of dealers.
Generated from the company's website and Companies House records. Sources: swiftgroup.co.uk · swiftgroup.co.uk