Industry ranking
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 60 | 26% | 50% | 24% | 17% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 55 | 30% | 42% | 28% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 54 | 23% | 46% | 31% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 57 | 30% | 33% | 37% | 31% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 66 | 31% | 31% | 38% | 40% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 59 | 34% | 30% | 36% | 32% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days net monthly
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
Departmental Managers who issue the orders resolve disputes
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
Lawrence Vehicles Limited is registered in Derby and trades under the Lancashire DAF name, based in Preston. It operates as a DAF truck dealership, selling new and used trucks, providing truck servicing, MOT testing and parts, including DAF genuine parts and TRP parts for all makes of trucks and trailers. The company forms part of the wider Pentagon Investments group, a family owned motor trade business with dealerships across the UK covering DAF, Mercedes Benz Trucks and Vans, used commercial vehicles, vehicle rental and financial services. Its own role is that of a commercial vehicle dealership serving small operators, local authorities and major companies with sales, servicing and parts support.
Generated from the company's website and Companies House records. Sources: lancashiredaf.co.uk · lancashiredaf.co.uk