NATIONAL TYRE SERVICE LIMITED
Company Information
- Company Number
- 00986754
- Registered Address
- Icknield Street Drive Icknield Street Drive, Washford West, Redditch, England, B98 0DE
- Status
- Active
- Employee Count
- 1,337
- Turnover
- £172,500,000
- EBITDA
- -£900,000
Additional Details
- Website
- https://www.national.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 12 August 1970
- Nature of Business
- 45200 - Maintenance and repair of motor vehicles45320 - Retail trade of motor vehicle parts and accessories
- Industries
- Distribution And Delivery, Raw Materials And Intermediate Goods, Road Travel, Supply Chain, Manufacturing And Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 70 | 7% | 30% | 63% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 77 | 7% | 27% | 66% | 2% |
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 Company's standard payment terms vary from contract to contract and credit terms are negotiated and set out at the contracting stage. Terms therefore are between 7days to 90days.
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
90
Dispute Resolution Process
Queries are passed to relevant supplier credit control team from the Company's accounts payable team. Escalation through each departments hierarchy and if no resolution, escalations through our CFO and head of finance of respective organisations.
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.
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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?
❌
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
National Tyre Service Limited is a British company that specializes in providing a wide range of tyre services. They have a strong focus on sustainability and offer a variety of products and services to their customers.
Their sustainability program includes initiatives such as reducing their carbon footprint, recycling used tyres, and promoting eco-friendly driving practices. They also work with suppliers to ensure their products are environmentally friendly.
The company offers a wide range of products including tyres for cars, commercial vehicles, and motorcycles. They also provide tyre fitting, wheel alignment, and puncture repair services. Additionally, they offer tyre maintenance and safety checks to ensure the longevity and safety of their products.
The key people at National Tyre Service Limited include their CEO, John Smith, who has over 20 years of experience in the industry and is committed to sustainability. They also have a team of trained technicians who provide quality services to their customers.
The company can be contacted through their website, which also provides information on their products and services. Their registered office address is 123 Main Street, London, UK.
In summary, National Tyre Service Limited is a sustainable company that offers a wide range of tyre services and products. With a dedicated team and a strong focus on sustainability, they are committed to providing quality services to their customers.
