| 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 May 2018 - 30 Apr 2019 | 27 Jun 2019 | 27 | 90% | 10% | 0% | 0% |
| 01 May 2017 - 30 Apr 2018 | 23 Jul 2018 | 37 | 71% | 20% | 9% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with our suppliers and vary. We work with vehicle converters and bodybuilders and the payment terms vary depending on the nature of the build project and requirements of the end customer
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
Please contact our purchase ledger team in the first instance at purchaseledger@rygor.co.uk. The purchase ledger team will then escalate where applicable to the relevant manager for resolution
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
RYGOR COMMERCIALS LTD is a leading commercial vehicle dealership in the UK. They specialize in the sales, leasing, and servicing of new and used commercial vehicles. The company has a strong focus on sustainability and offers a range of eco-friendly vehicles and services.
Their sustainability program includes initiatives such as using renewable energy sources, reducing carbon emissions, and promoting recycling and waste reduction. They also offer hybrid and electric vehicles, as well as alternative fuel options, to their customers.
The company is led by a team of experienced professionals, including managing director Tim Stacey and sales director Paul Reed. They are committed to providing exceptional customer service and maintaining high ethical standards.
RYGOR COMMERCIALS LTD has a network of 11 dealerships across the UK, making it easily accessible for customers. Their website, www.rygor.co.uk, provides detailed information on their products and services, as well as their sustainability efforts. The registered office address for the company is at The Broadway, West Wilts Trading Estate, Westbury, Wiltshire, BA13 4JX.
In conclusion, RYGOR COMMERCIALS LTD is a reputable and sustainable commercial vehicle dealership in the UK, offering a wide range of eco-friendly products and services. With a dedicated team and a strong commitment to sustainability, they continue to be a leader in the industry.