GREENHOUS GROUP LIMITED
Company Information
- Company Number
- 03493415
- Registered Address
- Greenhous Village, Osbaston, Telford, Shropshire, England, TF6 6RA
- Status
- Active
- Employee Count
- 949.0
- Turnover
- 364054000.0
- EBITDA
- 11611000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 January 1998
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles$45112 - Sale of used cars and light motor vehicles$45190 - Sale of other motor vehicles$45200 - Maintenance and repair of motor vehicles
- Industries
- Travel And Transportation
- Region
- West Midlands
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 36 | 46% | 48% | 6% | 32% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 49 | 44% | 50% | 6% | 32% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 35 | 47% | 47% | 6% | 34% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 32 | 56% | 38% | 6% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 34 | 53% | 41% | 6% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 50% | 45% | 5% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 34 | 49% | 46% | 5% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 36 | 42% | 52% | 6% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 36 | 47% | 47% | 6% | 49% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 35 | 54% | 39% | 7% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 45 | 18% | 70% | 12% | 78% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 46 | 29% | 53% | 18% | 61% |
Company Summary
Greenhous Group Limited is a UK-based company that specializes in providing sustainable solutions for the automotive industry
The company was founded in 1912 and has since expanded to become one of the leading suppliers of vehicles, parts, and services in the UK
The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices
This includes initiatives such as investing in renewable energy sources, promoting recycling and waste reduction, and using eco-friendly materials in their products
Greenhous Group Limited offers a wide range of products and services, including new and used vehicles, parts and accessories, maintenance and repair services, and fleet management solutions
They also have a dedicated team for electric and hybrid vehicles, making them a leader in the industry for sustainable transport options
The company's key people include Chairman David Greenhous and Managing Director Chris Greenhous, who both come from a long line of family members involved in the business
They are supported by a team of experienced professionals dedicated to providing high-quality products and services
Greenhous Group Limited can be contacted through their website, which provides information on their products, services, and locations
The company's registered office address is located in Shrewsbury, Shropshire, and they have multiple locations throughout the UK
In summary, Greenhous Group Limited is a well-established company with a strong commitment to sustainability
They offer a wide range of products and services in the automotive industry, led by a dedicated team of professionals
Their website and registered office address make it easy for customers to get in touch and learn more about their sustainable solutions
Company Review
Trend Analysis
The average time taken for GREENHOUS GROUP LIMITED to pay invoices to suppliers has been consistently decreasing over the past three periods. From 2018 to 2023, the company has improved their payment process by 13 days, resulting in a 28% decrease in the average time to pay.
Volatility Analysis
The volatility in the company's payment process can be seen in the percentage of invoices paid within 30 days, which has fluctuated between 29% and 56% over the past three periods. However, there has been a steady increase in the percentage of invoices paid within 30 days since 2019, indicating a more stable payment process.
Summary Analysis
From 2018 to 2023, GREENHOUS GROUP LIMITED has shown significant improvement in their payment process. The company has reduced their average time to pay by 13 days, resulting in a 28% decrease. Additionally, the percentage of invoices paid within 30 days has steadily increased, reaching a high of 56% in 2022.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
In line with industry practice, manufacturers insist upon direct access to our bank accounts and they take funds to pay for both vehicles and parts when they fall due. Other suppliers are normally paid in accordance with their terms of trading. Greenhous’s standard terms of trading are 30 days end of month following the month in which the invoice is received. We pay non-vehicle supplies within 30 days of the end of the month in which the invoice is received. The overwhelming majority of supply is from motor manufacturers. Greenhous deals on those manufacturers' standard terms which require payment by direct debit withdrawal from our account within 2-3 working days of invoice date in the vast majority of cases. Other suppliers’ payments are required within 2-3 working days of vehicle registration date on the sale. All vehicle suppliers are paid within 2-3 working days of due date as per standard manufacturers terms. Otherwise our standard trading terms are 30 days from end of the month the invoice is received.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any dispute is resolved locally between company and the supplier on an individual basis with the primary aim that disputes are settled within 30 days and contractual payment dates where possible.
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
