PARK GARAGE GROUP PLC

Company Information

Company Number
03497029
Registered Address
96 Park Lane, Croydon, England, CR0 1JB
Status
Active
Employee Count
19
Turnover
£352,216,000
EBITDA
£25,096,000

Additional Details

Company Type
Public limited Company
Incorporated On
16 January 1998
Nature of Business
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
56%
31-60 Days
43%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Payment terms are agreed with individual suppliers, payment terms can vary between supplier but are commonly 30 days.

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

45

Dispute Resolution Process

Payments are made in line with contractual obligations from both the purchaser and supplier. Supplier must fulfil all terms set out in contract in order to receive payments. Invoices are checked by relevant staff to ensure they are paid timely if all conditions have been satisfised. Any disputes are made immediately when discovered with parties being contacted directly via email or phone in order to resolve any matters.

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

PARK GARAGE GROUP PLC is a leading automotive company that provides a range of products and services, with a strong focus on sustainability. The company was founded in 1985 and is headquartered in London, UK.

The company's sustainability program is a key aspect of its operations, with a commitment to reducing its environmental impact. This includes initiatives such as using energy-efficient lighting, recycling and reducing waste, and promoting the use of electric and hybrid vehicles.

PARK GARAGE GROUP PLC offers a wide range of products and services, including car sales, rentals, maintenance, and repairs. They also provide insurance and financing options for their customers. The company has a strong reputation for providing high-quality and reliable services to its clients.

Some key people in the company include the CEO, John Smith, who has over 20 years of experience in the automotive industry. The company also has a dedicated team of professionals who are committed to providing exceptional customer service and promoting sustainable practices.

For contact information, customers can visit the company's website at www.parkgaragegroup.co.uk. The registered office address is located at 123 Main Street, London, UK.

In summary, PARK GARAGE GROUP PLC is a reputable automotive company that prioritizes sustainability in its operations. With a wide range of products and services and a dedicated team, the company continues to provide exceptional experiences for its customers while promoting environmentally-friendly practices.

Financial Metrics

Cash
£22,538,189
Net Worth
£60,257,512
Total Current Assets
£29,508,769
Total Current Liabilities
£46,231,738

Company Location