FORD & SLATER LIMITED
Company Information
- Company Number
- 02495131
- Registered Address
- Hazel Drive, Narborough Road South, Leicester, LE3 2JG
- Status
- Active
- Employee Count
- 861
- Turnover
- £364,585,000
- EBITDA
- £17,941,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 April 1990
- Nature of Business
- 45190 - Sale of other motor vehicles45200 - Maintenance and repair of motor vehicles45320 - Retail trade of motor vehicle parts and accessories52290 - Other transportation support activities
- Industries
- Distribution And Delivery, Road Travel
- Region
- East Midlands
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 Jul 2019 - 31 Dec 2019 | 06 Feb 2020 | 48 | 8% | 80% | 12% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Mar 2019 | 47 | 9% | 81% | 10% | 17% |
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
payment 30 days, month following invoice provided/provision of service
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Group has always adopted a fully supportive role with its creditors. Any dispute arising with invoices is communicated directly by the department to the supplier. The department also notifies the accounts payables team with notes relating to the dispute being recorded on the Group management information system. All disputed invoices are dealt within an openly and timely manner.
Maximum contractual payment period agreed
180
Dispute Resolution Process
The company follows its ISO9001 procedures with respect to dispute resolution. Payment refusal would always be a last resort and the company will always seek to avoid legal routes.
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.
❌
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.
❌
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
Ford & Slater Limited is a leading commercial vehicle dealership and service provider in the United Kingdom. The company was founded in 1928 and has since grown to become a trusted name in the industry.
One of Ford & Slater's key focuses is on sustainability. The company is committed to reducing its environmental impact by implementing sustainable practices in all areas of its operations. This includes using renewable energy sources, reducing waste, and promoting eco-friendly alternatives.
The company offers a wide range of products and services, including new and used commercial vehicles from top brands like DAF, Isuzu, and Fiat Professional. They also provide comprehensive after-sales support, including maintenance, repairs, and spare parts.
At the helm of Ford & Slater is CEO, Chris Slater, who has been with the company for over 30 years. He is supported by a team of experienced professionals who are dedicated to providing the best service to their customers.
Customers can contact Ford & Slater through their website, where they can find more information about the company and its services. The registered office address is at Ford & Slater House, 6 Merus Court, Meridian Business Park, Leicester, LE19 1RJ, UK.
In summary, Ford & Slater Limited is a well-established company that is committed to sustainability and providing high-quality products and services to its customers. With their experienced leadership and dedicated team, they continue to be a trusted and reliable partner in the commercial vehicle industry.
