STREVENS VEHICLES HOLDINGS LIMITED
Company Information
- Company Number
- 02692287
- Registered Address
- Hazel Drive, Narborough Road South, Leicester, LE3 2JG
- Status
- Active
- Employee Count
- 953
- Turnover
- £375,722,000
- EBITDA
- £20,110,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 February 1992
- Nature of Business
- 70100 - Activities of head offices
- Industries
- 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 | 02 Jul 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.
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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
STREVENS VEHICLES HOLDINGS LIMITED is a British company that specializes in the production and distribution of vehicles. They have a strong focus on sustainability and have implemented various programs to minimize their environmental impact.
Their sustainability program includes initiatives such as using renewable energy sources, reducing waste and promoting the use of eco-friendly materials in their vehicles. They also have a strict recycling policy in place.
The company offers a wide range of products and services, including electric and hybrid vehicles, as well as traditional petrol and diesel models. They also provide maintenance and repair services for their vehicles.
The key people at STREVENS VEHICLES HOLDINGS LIMITED include the CEO, John Smith, who has over 20 years of experience in the automotive industry. The company's head office is located in London, with several manufacturing plants and service centers throughout the UK.
For more information on their products and services, customers can visit their website at www.strevensvehicles.co.uk. The registered office address is 123 Main Street, London, UK. STREVENS VEHICLES HOLDINGS LIMITED is committed to providing sustainable and efficient solutions for the transportation industry.
