EURO GARAGES LIMITED

Company Information

Company Number
04246195
Registered Address
Asda House, Great Wilson Street, Leeds, England, LS11 5AD
Status
Active
Employee Count
7,070
Turnover
£2,880,401,000
EBITDA
£175,437,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 2001
Nature of Business
47300 - Retail sale of automotive fuel in specialised stores
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
24 days
Shortest Period:10 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
94%
31-60 Days
6%
After 60 Days
0%
Not Paid Within Terms1%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201829 Jan 20192495%5%0%1%
01 Jan 2018 - 30 Jun 201824 Jul 20182296%4%0%1%

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

30 days from date 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

90

Dispute Resolution Process

Disputes are usually resolved at the first point of contact within the business. Disputes not resolved at the first point of contact are escalated to line managers within the business for further discussion and resolution.

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

EURO GARAGES LIMITED is a UK-based company that operates as an independent fuel station and convenience store retailer. It was founded in 2001 and has since grown to become one of the largest independently-owned forecourt operators in the UK. The company is dedicated to providing high-quality products and services to its customers while also prioritizing sustainability.

The company's sustainability program focuses on reducing its environmental impact and promoting social responsibility. This includes measures such as energy-efficient equipment, waste reduction and recycling, and supporting local communities through charitable donations and partnerships.

In addition to fuel and convenience store items, EURO GARAGES LIMITED also offers a variety of food and beverage options at its locations. These include well-known brands such as Starbucks, Subway, and Greggs, as well as its own in-house brands such as Sliced, Burger King, and KFC.

Key people in the company include co-founders and co-CEOs Mohsin and Zuber Issa, who have been recognized for their entrepreneurial success and commitment to sustainability. The company employs over 6,000 people across its network of over 400 sites in the UK and Europe.

The company's registered office address is Euro House, Beehive Trading Park, Haslingden, Rossendale, Lancashire, BB4 5HU, United Kingdom. Their website address is https://www.eurogarages.com/. Customers can also contact the company through their website for any inquiries or feedback.

Financial Metrics

Cash
£34,457,000
Net Worth
£470,649,000
Total Current Assets
£256,941,000
Total Current Liabilities
£695,792,000

Company Location