Industry ranking
| 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 | 29 Jul 2025 | 46 | 31% | 48% | 21% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 43 | 31% | 50% | 19% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 45 | 30% | 55% | 15% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 43 | 29% | 67% | 4% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 37 | 28% | 66% | 6% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2023 | 27 | 28% | 67% | 5% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 23 | 29% | 66% | 5% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 30 | 40% | 55% | 5% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 30 | 27% | 65% | 8% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 39 | 37% | 54% | 9% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 40 | 43% | 51% | 6% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 27 Sept 2019 | 48 | 40% | 52% | 8% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 02 Oct 2019 | 52 | 42% | 54% | 4% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Oct 2019 | 50 | 41% | 55% | 4% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days
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
Disputes are resolved by negotiation between the parties
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
RAC Motoring Services is part of the RAC group and operates its car marketplace platform, which allows users to search, buy and sell new and used cars online. The service includes free car listings, vehicle history and condition checks, and links to RAC breakdown cover, mobile mechanic call outs, tyre sales and vehicle warranties for cars bought through approved dealers. The registered company is incorporated in England and Wales and its official business classification covers other service activities not elsewhere classified. The site also offers guidance for buyers, such as checklists to follow before purchasing a car privately or from a dealer.
Generated from the company's website and Companies House records. Sources: raccars.co.uk