| 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 Jan 2025 - 30 Jun 2025 | 14 Aug 2025 | 24 | 70% | 26% | 4% | 30% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Apr 2025 | 25 | 68% | 27% | 5% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 01 Aug 2024 | 39 | 53% | 32% | 15% | 52% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 42 | 40% | 44% | 16% | 59% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Aug 2023 | 40 | 36% | 55% | 9% | 57% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Feb 2023 | 42 | 38% | 49% | 14% | 52% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Aug 2022 | 26 | 68% | 26% | 6% | 52% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 31 | 55% | 41% | 4% | 52% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Aug 2021 | 30 | 54% | 42% | 4% | 50% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 38 | 44% | 45% | 10% | 49% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 38 | 55% | 30% | 15% | 50% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 40 | 35% | 53% | 12% | 58% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 35 | 43% | 53% | 4% | 44% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 30 | 57% | 37% | 5% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 39 | 56% | 25% | 18% | 61% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless informed otherwise by our supplier we will pay on 25th of month following date of invoice
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
90
Invoices are registered on the system by the accounts team and invoice register is checked regularly. Any non-returns from department managers are noted and chased. When informed of disputes the DMS is logged accordingly. The departmental manager will deal with their own individual disputes and report back to accounts when resolved. Accounts will not 'pass register' a document until instructed by the relevant manager
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
Sinclair Garages Limited is part of Sinclair Group, an automotive retail group operating across Wales and the West of England. The group sells new and used cars and vans for brands including Audi, BYD, Hyundai, Jaguar, Land Rover, Mercedes-Benz, SEAT, Skoda, Volkswagen and Smart, alongside servicing, MOT, bodyshop and fleet services. Sinclair Garages Limited itself is authorised and regulated by the Financial Conduct Authority as a credit broker, arranging motor finance and insurance for customers, with commission received from finance partners. Several other group companies act as its appointed representatives for this purpose. The wider group is described as one of the UK's leading automotive retail groups, offering vehicle sales, finance and aftersales support through dealerships across South Wales and neighbouring areas.
Generated from the company's website and Companies House records. Sources: blog.sinclairvolkswagen.co.uk · blog.sinclairvolkswagen.co.uk