S.G. PETCH LIMITED
Company Information
- Company Number
- 02479069
- Registered Address
- Mcmullen Road, Darlington, County Durham, DL1 1XZ
- Status
- Active
- Employee Count
- 318
- Turnover
- £211,135,000
- EBITDA
- £5,012,000
Additional Details
- Website
- https://sgpetch.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 9 March 1990
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles45200 - Maintenance and repair of motor vehicles45320 - Retail trade of motor vehicle parts and accessories
- Industries
- Travel And Transportation
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 Nov 2019 - 30 Apr 2020 | 24 Aug 2020 | 31 | 57% | 30% | 13% | 27% |
| 01 May 2019 - 31 Oct 2019 | 14 Nov 2019 | 37 | 41% | 43% | 16% | 36% |
| 01 May 2018 - 31 Oct 2018 | 21 Nov 2018 | 41 | 32% | 51% | 17% | 43% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Appropriate payment terms are agreed with our suppliers based on the nature of the transaction. The Company, as standard, pays its suppliers no later than the last day of the month following the month in which the invoice is agreed, subject to the receipt of statements where appropriate. Individual agreements are in place for manufacturer vehicle purchases, These can vary from 3 days from the date of registration to extended credit up to 180 days.
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
180
Dispute Resolution Process
The Company aims to resolve disputes in a timely manner. Any queries relating to invoices are initially handled by the suppliers regular contact at the branch or Head Office. Disputes are co-ordinated by our Head Office accounts team. If the matter can not be resolved then any final decision would be made by the company Financial Director.
Other Payment Information
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
S.G. PETCH LIMITED is a British automotive company that specializes in the sale of new and used cars, as well as offering a range of services such as car servicing, repairs, and parts. The company was founded in 1977 and has since grown to become one of the leading car dealerships in the UK.
Sustainability is at the core of S.G. PETCH LIMITED's business practices. The company has a sustainability program in place that focuses on reducing its environmental impact, promoting ethical business practices, and engaging with the community. This includes implementing energy-efficient practices in their operations, sourcing sustainable materials, and supporting local charities and initiatives.
The company offers a wide range of products and services, including new models from popular car brands such as Hyundai, Mazda, and Suzuki. They also have a large selection of used cars to choose from, as well as offering financing options for customers. S.G. PETCH LIMITED also has a dedicated team of technicians who provide high-quality car servicing and repairs.
The key people at S.G. PETCH LIMITED include the managing director, Simon Petch, who has over 30 years of experience in the automotive industry, and the sales director, Carl Petch, who oversees the sales team. The company also has a team of knowledgeable and friendly staff who are committed to providing excellent customer service.
To get in touch with S.G. PETCH LIMITED, their website address is www.sgpetch.co.uk, where customers can browse their range of products and services and make inquiries. The registered office address is S.G. PETCH LIMITED, 1 York Road, Stockton-on-Tees, TS18 2AW. Overall, S.G. PETCH LIMITED is a reputable and sustainable company that offers a wide range of automotive products and services to customers in the UK.
