| 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 2024 - 30 Jun 2024 | 16 Jul 2024 | 29 | 57% | 41% | 4% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 28 | 55% | 43% | 4% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jun 2020 | 29 | 55% | 42% | 3% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Sept 2019 | 28 | 54% | 42% | 4% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 29 | 55% | 42% | 3% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 54% | 43% | 3% | 32% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 DAYS FROM INVOICE
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute resolution policy is in place. https://www.vinesguildfordmini.co.uk/footer/complaints/
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.
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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
Vines Limited, registered at Slyfield Green, Guildford, trades as Vines Group and operates franchised BMW and MINI dealerships across Guildford, Gatwick and Redhill, offering vehicle sales, servicing and test drives. It also acts as a credit broker, introducing customers to lenders for vehicle finance and as an agent for insurance distribution, as an appointed representative under an FCA-regulated principal firm. The company's SIC classification confirms its core activity as the sale of new cars and light motor vehicles. It has been incorporated since 1984 and remains active, continuing to operate multiple retailer sites under the Vines Group name across Surrey and West Sussex.
Generated from the company's website and Companies House records. Sources: vinesgroup.co.uk · vinesgroup.co.uk