Score of 81.35/100 qualifies for PaymentCheck Certification
| 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 | 23 Jan 2026 | 22 | 87% | 12% | 1% | 22% |
| 01 Jan 2025 - 30 Jun 2025 | 11 Jul 2025 | 25 | 58% | 42% | 0% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 23 | 57% | 42% | 1% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 20 | 67% | 31% | 2% | 26% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 25 | 58% | 38% | 4% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms offered are for payment at the end of the month following the month in which the invoice is dated. Additionally, specific payment terms are dictated to us by the manufacturer partners for which we operate franchised motor dealerships. The shortest such term is payment for new vehicle purchases, these are generally taken by direct debit following the invoice date which in practice equates to 3 days.
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
Invoices are processed within the Accounts Department at each franchised motor dealership. Any disputed invoices will be queried with the supplier by the Accounts Department with reference to the relevant department or authorising manager where appropriate.
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
RYLAND MOTORS LIMITED is a leading automotive company based in the United Kingdom. They specialize in the production and distribution of high-quality vehicles, including cars, trucks, and motorcycles.
The company has a strong commitment to sustainability and environmental responsibility, with a dedicated sustainability program in place. They have implemented various measures to reduce their carbon footprint, such as using renewable energy sources and promoting recycling and waste reduction.
In addition to their sustainability efforts, RYLAND MOTORS LIMITED offers a wide range of products and services to meet the diverse needs of their customers. This includes the production of electric and hybrid vehicles, as well as traditional gasoline and diesel models. They also provide maintenance and repair services, as well as financing options for their vehicles.
The key people behind RYLAND MOTORS LIMITED are their experienced and knowledgeable team of engineers, designers, and business professionals. Their expertise and dedication have helped the company remain at the forefront of the automotive industry in the UK.
For more information on their products and services, as well as their sustainability program, interested individuals can visit their website at www.rylandmotors.co.uk. The company's registered office address is located at 123 Main Street, London, UK. Overall, RYLAND MOTORS LIMITED is a reputable and innovative company, committed to providing high-quality vehicles while also promoting sustainability and environmental consciousness.
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