| 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 2021 - 30 Jun 2021 | 23 Jul 2021 | 71 | 1% | 10% | 89% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 72 | 1% | 15% | 84% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 70 | 1% | 15% | 84% | 2% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days from the end of the month in which invoices are received
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
Suppliers may raise disputes by emailing the purchase ledger team who seeks to resolve independently. Where necessary, disputes are escalated to the purchase ledger manager and then to a financial controller. If a dispute is still not resolved, the company will enter into a process of self managed arbitration, involving the senior management of both principals to try and reach a mutually acceptable agreement.
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
Alliance Automotive UK CV Limited is registered under SIC code 45310, wholesale trade of motor vehicle parts and accessories. Evidence shows it operates as part of the Alliance Automotive UK subsidiary network, comprising around 98 motor factor businesses supplying light and commercial vehicle parts, each retaining its own branding while operations are managed centrally. The wider group includes recognised parts brands and trading networks, and forms part of Alliance Automotive Europe, itself part of Genuine Parts Company (GPC) in the US. This entity therefore functions within a group structure focused on distributing third party vehicle parts to garages and workshops rather than manufacturing them.
Generated from the company's website and Companies House records. Sources: hydrair.co.uk · hydrair.co.uk