| 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 2018 - 30 Jun 2018 | 31 Jul 2018 | 17 | 72% | 27% | 1% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net Monthly. We pay at the end of the following month unless otherwise requested.
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
30
Non regulated disputes would be managed by the head of business at each individual dealership and where appropriate will be escalated to the management board/appropriate director. Regulated disputes would be managed by our internal compliance manager and where appropriate will be escalated to the management board/appropriate director
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
DICK LOVETT (BRISTOL) LIMITED is a luxury car dealership located in Bristol, United Kingdom. The company was founded in 1966 and has since become one of the leading dealerships for premium car brands such as BMW, MINI, Porsche, and Aston Martin.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have installed solar panels on their showroom roof, use energy-efficient lighting, and have a recycling program in place. They also offer customers the option to offset their vehicle's carbon emissions by supporting renewable energy projects.
In addition to their sustainability efforts, DICK LOVETT (BRISTOL) LIMITED offers a wide range of products and services. They sell new and used cars from their luxury brand partners, as well as provide financing options and after-sales services such as maintenance and repairs. They also have a dedicated team for bespoke vehicle customization to meet the unique requirements of their customers.
The key people at DICK LOVETT (BRISTOL) LIMITED include the Chairman, Peter Lovett, and the Managing Director, Mark Whittaker. They are supported by a team of experienced professionals who are knowledgeable about the products and services offered by the company.
For more information on DICK LOVETT (BRISTOL) LIMITED and their products and services, customers can visit their website at www.dicklovett.co.uk. The registered office address for the company is 2220 Gas House Road, Bristol, BS2 0QL.