| 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 32 | 47% | 49% | 4% | 0% |
| 01 Apr 2025 - 30 Sept 2025 | 20 Oct 2025 | 32 | 46% | 51% | 3% | 0% |
| 01 Oct 2024 - 31 Mar 2025 | 15 May 2025 | 32 | 46% | 50% | 4% | 0% |
| 01 Apr 2024 - 30 Sept 2024 | 06 Dec 2024 | 30 | 49% | 48% | 3% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from the end of the month of invoice
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
62
Deal with the individual who raised the purchase order then escalate to management if no resolution
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
GM Coachwork Limited, trading as GM Coachwork and also known through its Minibus Lite brand, designs, converts and supplies school minibuses. It manufactures and converts vehicles such as the Ford Transit, Mercedes Sprinter, Peugeot Boxer and its own lightweight Minibus Lite design, including electric models, for schools and colleges. The company sells new and used minibuses, offers leasing and contract hire, part-exchange, nationwide delivery, driver training and aftersales support including tail lift servicing. It is an accredited minibus manufacturer and converter for brands including Ford, Iveco, VW, Renault and Vauxhall, and is an approved supplier on public sector procurement frameworks for schools and colleges purchasing minibuses.
Generated from the company's website and Companies House records. Sources: minibuslite.co.uk · minibuslite.co.uk · minibuslite.co.uk