| 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 2018 - 31 Dec 2018 | 04 Jul 2019 | 10 | 87% | 12% | 1% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 08 Aug 2018 | 12 | 83% | 16% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 14 days from the invoice date.
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
The Big Motoring World Group has a dedicated purchase ledger team who can be contacted by e-mail or phone between Monday to Friday. Contact by e-mail is answered within 5 working days. The majority of phone calls are answered immediately.
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
Bapchild Motoring World (Kent) Limited is registered at the Gillingham head office of Big Motoring World, indicating it operates as part of that used car dealership group rather than under its own trading name. Big Motoring World describes itself as stocking thousands of used cars across UK branches, offering vehicle inspections, warranties, part exchange, car finance including PCP and HP options, and add on products such as extended warranties and paint protection. Companies House records this entity's nature of business as the sale of used cars and light motor vehicles, consistent with the group's core dealership activity. No separate trading detail specific to this registered company was found beyond its shared registered address with the wider Big Motoring World operation.
Generated from the company's website and Companies House records. Sources: bigmotoringworld.co.uk