| 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 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 29 | 54% | 44% | 2% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 39 | 50% | 46% | 4% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We pay month 1 invoices by the end of month 2
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
60
When we receive an invoice it is always entered onto our management system & sent to the department/manager to authorise. If a manager disputes an invoice, he/she will contact the supplier directly & will also inform the purchase ledger team. In the majority of cases the issue will then be resolved.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Westover Group Limited is a leading automotive company based in the United Kingdom. Founded in 1923, the company has a long-standing reputation for providing high-quality products and services to customers.
The company's sustainability program is a key aspect of their operations. They are committed to reducing their environmental impact and have implemented various initiatives to achieve this goal. These include promoting the use of electric and hybrid vehicles, investing in renewable energy sources, and reducing waste and carbon emissions across their operations.
Westover Group Limited offers a wide range of products and services, including new and used car sales, servicing and repairs, and parts and accessories. They are also an authorized dealer for many popular car brands, such as Audi, Land Rover, and Toyota. Their expert team of professionals ensures that customers receive the best possible service and advice.
The company is led by a dedicated team of key people, including Chairman Peter Wood, Managing Director Chris Wise, and Finance Director David Lees. Their leadership and expertise have been instrumental in the company's success and growth over the years.
For more information on their products and services, customers can visit their website at www.westovergroup.co.uk. The company's registered office address is Westover House, West Quay Road, Poole, Dorset, BH15 1JF. With their commitment to sustainability and a strong reputation in the automotive industry, Westover Group Limited continues to be a top choice for customers in the UK.