Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
HOTBRAY LIMITED demonstrates a consistent payment trend significantly beyond 30 days, with an average payment time of 44 days. A substantial 56% of payments occur between 31-60 days, establishing this as their dominant payment behavior. This indicates a predictable pattern of extended payment cycles, consistently exceeding standard 30-day terms.
While over half of payments fall within a somewhat predictable 31-60 day range, the 19% exceeding 60 days and 13% being outright late introduce material unpredictability and risk for suppliers. This distribution suggests a significant portion of invoices will experience substantial delays beyond typical expectations, impacting cash flow reliability. Suppliers should anticipate a reasonable chance of payments extending well past typical terms.
Suppliers engaging with HOTBRAY LIMITED should anticipate extended payment cycles, primarily within the 31-60 day window. The 13% late payment rate and 19% exceeding 60 days signal a moderate risk of significant delays, requiring cautious engagement. To mitigate risk, consider negotiating shorter payment terms, implementing credit limits, or requiring partial upfront payments for larger orders.
| 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 Nov 2024 - 30 Apr 2025 | 03 Jun 2025 | 44 | 25% | 56% | 19% | 13% |
| 01 May 2024 - 31 Oct 2024 | 27 Nov 2024 | 43 | 26% | 56% | 18% | 12% |
| 01 Nov 2019 - 30 Apr 2020 | 15 Feb 2021 | 43 | 22% | 68% | 10% | 13% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 42 | 26% | 64% | 10% | 16% |
| 01 Nov 2018 - 30 Apr 2019 | 22 May 2019 | 40 | 27% | 67% | 6% | 17% |
| 01 May 2018 - 31 Oct 2018 | 27 Nov 2018 | 40 | 27% | 67% | 6% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most commonly payments terms used were 14th, 20th, and 30th of the month following invoice date
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
120
For all dispute, first point of contact will be accounts payable clerk, who will liaise with the person who has raised the original order to resolve the query
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Hotbray Limited is a wholesale distributor of genuine and aftermarket Jaguar and Land Rover vehicle spare parts, supplying customers in over 120 countries. Founded in 1972 as a Unipart/Rover supplier, it expanded its range following the creation of the British Leyland Automotive Group. The company sources OEM and aftermarket parts, including its own eurospare aftermarket brand, and acts as primary distributor for BWI Group air springs and damper modules. Operations run from its UK warehouse and shipping teams, offering online order tracking and stock checking through a customer portal. It supplies more than 12,000 JLR aftermarket and OEM stock lines to a global distribution network, focusing on parts wholesale rather than manufacturing or retail sale of vehicles.
Generated from the company's website and Companies House records. Sources: hotbray.co.uk · hotbray.co.uk · hotbray.co.uk