PERRYS MOTOR SALES LIMITED

PaymentCheck Score 2024
85Good
#1580 in UK
#70 in Travel And Transportation
#41 in East Midlands

Company Information

Company Number
00972286
Registered Address
Suite 1, 500 Pavilion Drive Northampton, Business Park Brackmills, Northampton, NN4 7YJ
Status
Active
Employee Count
1,170
Turnover
£476,820,000
EBITDA
£4,156,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 February 1970
Nature of Business
45111 - Sale of new cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
East Midlands

Time to Pay

Average Time to Pay
20 days
Shortest Period:3 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
70%
31-60 Days
26%
After 60 Days
4%
Not Paid Within Terms4%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202411 Jul 20242070%26%4%4%
01 Jan 2022 - 30 Jun 202219 Jul 20222169%28%3%3%
01 Jul 2021 - 31 Dec 202128 Jan 20222556%38%6%6%
01 Jan 2021 - 30 Jun 202126 Jul 20212263%32%5%5%
01 Jan 2020 - 30 Jun 202029 Jul 20202765%20%15%15%
01 Jul 2019 - 31 Dec 201928 Jan 20202563%28%9%9%
01 Jan 2019 - 30 Jun 201926 Jul 20192178%17%5%5%
01 Jul 2018 - 31 Dec 201829 Jan 20192478%17%5%5%
01 Jan 2018 - 30 Jun 201824 Jul 20181774%22%4%4%

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

Perrys standard payment terms state that payment of third party invoices for goods and services will be made by the end of the month following the month in which a properly due, correct, and complete invoice was received. Other terms may apply where agreed in writing by a duly authorised representative.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Perrys are committed to acting with integrity and therefore endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement between the supplier’s main contact and Perrys accounts payable team together with the main Perrys contact who typically will have ordered the goods and services.

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

PERRYS MOTOR SALES LIMITED is a UK-based company that specializes in the sales of new and used cars. The company was established in 1908 and has since grown to become a reputable and well-known name in the automotive industry.

The company's main focus is on providing high-quality vehicles to its customers. They offer a wide range of products and services, including new and used car sales, financing options, and after-sales services such as maintenance and repairs.

PERRYS MOTOR SALES LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in eco-friendly technologies and offer a range of hybrid and electric vehicles to promote greener driving options. The company also actively participates in recycling and waste management programs to reduce their carbon footprint.

The key people behind the success of PERRYS MOTOR SALES LIMITED include their experienced management team and dedicated staff who are committed to providing excellent customer service. They are also supported by a network of reputable suppliers and partners.

Customers can easily access PERRYS MOTOR SALES LIMITED through their website, which provides detailed information about their products and services. The company's registered office address is 1 Station Road, Colwyn Bay, Conwy, LL29 8BP, United Kingdom.

In summary, PERRYS MOTOR SALES LIMITED is a well-established car sales company in the UK that offers high-quality vehicles, financing options, and after-sales services. They are committed to sustainability and have a range of eco-friendly options available. With a dedicated team and a strong online presence, PERRYS MOTOR SALES LIMITED continues to provide reliable and efficient services to its customers.

Financial Metrics

Cash
£927,000
Net Worth
£68,695,000
Total Current Assets
£122,043,000
Total Current Liabilities
£83,081,000

Company Location