| 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 | 27 Jan 2026 | 39 | 54% | 32% | 14% | 24% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 38 | 51% | 36% | 13% | 25% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 37 | 55% | 32% | 13% | 23% |
| 01 Jan 2024 - 31 Dec 2024 | 25 Jan 2025 | 37 | 55% | 32% | 13% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 16 Jul 2024 | 32 | 58% | 33% | 9% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 42 | 53% | 29% | 18% | 27% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 44 | 50% | 32% | 18% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 49 | 57% | 29% | 14% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 43 | 55% | 30% | 15% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 40 | 52% | 34% | 14% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 46 | 47% | 35% | 18% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 50 | 40% | 37% | 23% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 13 Jul 2020 | 51 | 34% | 41% | 25% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Jan 2020 | 45 | 45% | 39% | 16% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 40 | 49% | 34% | 17% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 46 | 31% | 52% | 17% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 47 | 21% | 63% | 16% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoices shall be paid by Porsche by electronic transfer to an account nominated by the Supplier in writing no later than the last day of the month following the month of invoice. The invoice must be a valid VAT invoice (where applicable), undisputed and include a reference to Porsche’s purchase order number. A statement of account must have also been provided to Porsche.
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
Disputes are dealt with on a case by case basis either by the operational department who purchased the goods or services and/or by the finance department. In the first instance the supplier would be contacted and made aware of the dispute. Once an agreement is reached the appropriate invoice will be processed and available for the next payment run. If an agreement cannot be achieved this may be escalated to the legal department.
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
Porsche Cars Great Britain Limited is the sole importer and distributor of Porsche vehicles in the United Kingdom. The company was established in 1985 and is a wholly owned subsidiary of Porsche AG, the German luxury car manufacturer.
The company's sustainability program, called "Porsche Impact," aims to reduce the environmental impact of their vehicles and operations. This includes implementing sustainable production methods, using renewable energy sources, and promoting electric and hybrid vehicles in their product range.
As for products and services, Porsche Cars Great Britain offers a wide range of luxury sports cars, including the iconic 911, the Cayenne SUV, and the Panamera sedan. The company also offers aftersales services, such as maintenance and repairs, as well as the sale of Porsche-branded merchandise.
The key people at Porsche Cars Great Britain include the Managing Director, Marcus Eckermann, and the Director of Marketing, Ragnar Schulte. The company employs over 200 people in various roles, including sales, marketing, and customer service.
Their registered office address is Porsche Cars Great Britain Limited, Bath Road, Calcot, Reading, Berkshire, RG31 7SE. The company's website address is www.porsche.com/uk.
In summary, Porsche Cars Great Britain Limited is a leading distributor of luxury sports cars in the UK, with a strong focus on sustainability. They offer a range of high-quality products and services, led by a team of experienced professionals. With a commitment to sustainability and innovation, Porsche Cars Great Britain continues to thrive in the competitive automotive market.
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