WESTOVER GROUP LIMITED

Company Information

Company Number
04313496
Registered Address
Hendy Group School Lane Chandlers Ford Industrial Estate, Chandler's Ford, Eastleigh, Hampshire, United Kingdom, SO53 4DG
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
30 October 2001
Nature of Business
74990 - Non-trading company
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
33 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
49%
31-60 Days
46%
After 60 Days
5%
Not Paid Within Terms28%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201930 Jul 20192954%44%2%28%
01 Jan 2018 - 30 Jun 201831 Jul 20183950%46%4%14%

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

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

Dispute Resolution Process

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.

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

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.

Financial Metrics

Cash
£0
Net Worth
£1,888,093
Total Current Assets
£1,888,093
Total Current Liabilities
£0

Company Location