Ranked in 5 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 30 Jun 2025 | 31 Jul 2025 | 63 | 28% | 32% | 40% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 51 | 38% | 34% | 28% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 54 | 42% | 30% | 28% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 51 | 42% | 30% | 28% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 51 | 43% | 27% | 30% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 55 | 41% | 27% | 32% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 55 | 39% | 26% | 35% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 51 | 42% | 29% | 29% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 56 | 40% | 31% | 29% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 55 | 33% | 32% | 35% | 46% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 53 | 33% | 24% | 43% | 37% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 56 | 23% | 29% | 48% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 53 | 29% | 25% | 45% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 52 | 28% | 30% | 42% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 61 | 25% | 23% | 52% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most commonly used payment terms in the period were 60M, which means that invoices were paid 60 days after the month-end in which the invoice was dated. Payment terms differ by supplier across the range 0 days to 180 days after the invoice date.
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
270
In the first instance supplier queries should be escalated to the Accounts Payable Team. Following this, resolution should be pursued through working with the Purchasing Team /Senior Finance & supplier representatives
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
LKQ Group (UK) Limited trades as LKQ Euro Car Parts, operating from Tamworth. It sells car parts and accessories through more than 250 branches across the UK and via an online store, offering same day click and collect and UK delivery. The range includes service parts such as brake pads, batteries, bulbs and wiper blades, engine oils and fluids, plus tools, car accessories and in-car technology. It describes itself as the UK's number one supplier of car parts, providing free delivery on qualifying orders and flexible payment options including PayPal Credit, for which it is authorised and regulated by the Financial Conduct Authority.
Generated from the company's website and Companies House records. Sources: eurocarparts.com · eurocarparts.com