KWIK-FIT (GB) LIMITED
Company Information
- Company Number
- 01009184
- Registered Address
- Etel House, Avenue One, Letchworth Garden City, Hertfordshire, SG6 2HU
- Status
- Active
- Employee Count
- 4,665
- Turnover
- £564,266,000
- EBITDA
- £45,484,000
Additional Details
- Website
- https://www.kwik-fit.com/
- Company Type
- Private limited Company
- Incorporated On
- 27 April 1971
- Nature of Business
- 45200 - Maintenance and repair of motor vehicles
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 50 | 53% | 2% | 45% | 4% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 51 | 53% | 1% | 46% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 51 | 53% | 2% | 45% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 55 | 48% | 2% | 51% | 4% |
| 01 Oct 2021 - 31 Mar 2022 | 20 Apr 2022 | 66 | 39% | 2% | 59% | 11% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 60 | 47% | 1% | 52% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 61 | 45% | 1% | 54% | 9% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 48 | 56% | 1% | 43% | 25% |
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
Our most frequently used payment terms are 30 days from document date. For goods for resale, terms can be longer. The Company aims to process all supplier payments efficiently and within the timescales agreed within the particular contracts. To facilitate prompt payment, suppliers are required to comply with the Company’s invoicing process.
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
95
Dispute Resolution Process
Queries – In the first instance, suppliers should contact Company Accounts Payable department, If Accounts Payable are unable to resolve the dispute within seven working days, the dispute may be escalated to the ETEL Group Financial Controller. If the ETEL Group Financial Controller is unable to resolve the dispute within a further seven working days, the dispute may be escalated to the ETEL Group Chief Financial Officer.
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
KWIK-FIT (GB) LIMITED is a British automotive company that specializes in providing a range of products and services, including tires, brakes, exhausts, and car servicing. The company was founded in 1971 and has since expanded to over 600 locations across the UK.
As part of their sustainability program, KWIK-FIT (GB) LIMITED is committed to reducing their environmental impact. They have implemented initiatives such as using eco-friendly products and recycling waste materials. They also offer eco-friendly tire options to their customers, helping to reduce carbon emissions and promote sustainable driving.
The company's main focus is on providing high-quality and reliable products and services to their customers. They offer a wide range of tires from leading brands, as well as brake and exhaust repairs and replacements. They also provide car servicing, including oil changes and vehicle health checks, to ensure that their customers' cars are running smoothly.
The key people at KWIK-FIT (GB) LIMITED include the CEO, Erik Johansson, and the Managing Director, Simon Lucas. Both have extensive experience in the automotive industry and are dedicated to providing exceptional customer service.
To contact KWIK-FIT (GB) LIMITED, customers can visit their website at www.kwik-fit.com or call their customer service line at 0800 75 76 77. The company's registered office address is 1 Churchill Place, London E14 5HP, United Kingdom.
In summary, KWIK-FIT (GB) LIMITED offers high-quality automotive products and services while also prioritizing sustainability and reducing their environmental impact. With a strong team of experienced leaders, the company continues to provide reliable and convenient solutions for their customers' automotive needs.
