Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Jul 2025 - 31 Dec 2025 | 27 Feb 2026 | 46 | 18% | 62% | 20% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 46 | 19% | 66% | 15% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 53 | 16% | 57% | 27% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 45 | 21% | 61% | 18% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 48 | 17% | 60% | 23% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 45 | 27% | 53% | 20% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 47 | 17% | 63% | 20% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 44 | 19% | 67% | 14% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 46 | 18% | 67% | 15% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 45 | 20% | 66% | 14% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 52 | 16% | 65% | 19% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 42 | 29% | 55% | 16% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our payment terms are displayed on our purchase order paperwork, for all business. Our standard payment terms (unless other terms are offered by the supplier as part of their standard terms of supply, EG Prompt - IE shorter, or EG Out of season stocking offers - IE Longer) are "Monthly Account" IE End of following 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
120
All business is transacted on the basis of a formal written purchase order. Where business is initially agreed verbally a confirmation written (email or print) purchase order is supplied along with a purchase order number. In the rare instance when an invoice is received from a supplier with discrepancies from the purchase order (either in terms of pricing, or goods/services supplied), this is determined at the point of verification of the invoice versus the order, and dialogue is entered into with the supplier by the appropriate person in our business that originally placed the order. In this manner the vast majority of discrepancies are resolved prior to the due date for payment of the invoice. In the exceptional circumstances, the issue is escalated to the Managing Director to resolve with the supplier.
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
Chandlers (Farm Equipment) Limited is the registered entity behind Chandlers Vehicles, trading online as an official KGM (formerly SsangYong) dealer. Despite its registered name suggesting agricultural machinery, the company now operates as a franchised motor dealership, selling new and used KGM vehicles including the Musso, Rexton, Torres and Tivoli ranges. It provides sales, servicing, aftersales support, parts, finance and Motability options from dealerships in Belton, near Grantham, and Horncastle, Lincolnshire. It describes itself as the longest serving KGM dealer in the country, franchised since 1995, and remains a family-run business. It is authorised and regulated by the Financial Conduct Authority as a credit broker for vehicle finance.
Generated from the company's website and Companies House records. Sources: chandlersssangyong.co.uk · chandlersssangyong.co.uk · chandlersssangyong.co.uk