SWANSWAY GARAGES LIMITED
Company Information
- Company Number
- 04507008
- Registered Address
- Swansway Group Gateway, Crewe, Cheshire, CW1 6YY
- Status
- Active
- Employee Count
- 977
- Turnover
- £817,735,000
- EBITDA
- £26,782,000
Additional Details
- Website
- https://www.motormatch.com/
- Company Type
- Private limited Company
- Incorporated On
- 8 August 2002
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles
- Industries
- Travel And Transportation
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 31 Jul 2025 | 11 | 88% | 10% | 2% | 53% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 22 | 69% | 27% | 4% | 22% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 27 | 70% | 27% | 3% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 22 | 73% | 24% | 3% | 24% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 19 | 74% | 23% | 3% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 20 | 73% | 23% | 2% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 19 | 72% | 25% | 3% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 19 | 72% | 24% | 4% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 29 | 60% | 32% | 8% | 50% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 62% | 31% | 7% | 58% |
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
It is part of the culture of the Company that non-vehicle suppliers are paid within 30-60 days. All vehicle suppliers are paid within 2 - 3 working days of the due date as per standard manufacturers terms. The overwhelming supply is from motor manufacturers. Swansway deals on these manufacturers standard terms which require payment by DD withdrawn from our account within 2 - 3 working days of invoice date in the vast majority of cases. Other manufacturers supply payments are required within 2 - 3 days of vehicle registration date on the sale, Otherwise our standard terms are 30 days of t he month end.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes are dealt with initially with the finance function at local level.
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
SWANSWAY GARAGES LIMITED is a family-owned and operated business that specializes in the sale and maintenance of new and used cars. The company was founded in 2003 and is headquartered in Crewe, England.
The company's sustainability program focuses on reducing its environmental impact by implementing practices such as recycling, energy conservation, and using eco-friendly materials. They also offer electric and hybrid vehicles to promote sustainable transportation options.
SWANSWAY GARAGES LIMITED offers a wide range of car brands including Audi, Volkswagen, Honda, and SEAT. They also provide a variety of services such as car financing, MOT testing, and vehicle servicing.
The key people of SWANSWAY GARAGES LIMITED include the chairman and founder, Michael Smyth, and his sons David Smyth and Peter Smyth who are both directors of the company. They are committed to providing excellent customer service and maintaining a strong reputation in the industry.
The company can be contacted through their website, which also provides information on their products and services. Their registered office address is: Gateway, Crewe, Cheshire, CW1 6YY, United Kingdom.
In summary, SWANSWAY GARAGES LIMITED is a reputable and environmentally-conscious car dealership that offers a diverse range of products and services. With a strong commitment to sustainability and a dedicated team of professionals, the company continues to thrive in the automotive industry.
