THE TRADE CENTRE GROUP PLC

PaymentCheck Score 2024
62Fair
2.6vs last year
#3589 in UK
#232 in Travel And Transportation
#51 in Wales

Company Information

Company Number
04921555
Registered Address
Euro Centre, Neath Abbey Business Park, Neath Abbey, SA10 7DR
Status
Active
Employee Count
734
Turnover
£345,676,000
EBITDA
£9,613,000

Additional Details

Company Type
Public limited Company
Incorporated On
3 October 2003
Nature of Business
45112 - Sale of used cars and light motor vehicles
Industries
Travel And Transportation
Region
Wales

Time to Pay

Average Time to Pay
30 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
49%
31-60 Days
50%
After 60 Days
1%
Not Paid Within Terms49%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-06-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2023 - 31 May 202426 Jun 20243144%53%3%46%
01 Jun 2023 - 30 Nov 202326 Jun 20243049%50%1%49%
01 Dec 2022 - 31 May 202329 Jun 20232850%49%2%45%
01 Jun 2022 - 30 Nov 202203 Feb 20232848%51%1%65%
01 Dec 2021 - 31 May 202205 Jul 20222356%43%1%54%
01 Jun 2021 - 30 Nov 202125 Mar 20222558%42%0%45%
01 Dec 2020 - 31 May 202125 Mar 20222960%25%16%55%
01 Jun 2020 - 30 Nov 202025 Mar 20223846%41%13%73%
01 Dec 2019 - 31 May 202028 Mar 20223636%54%10%78%
01 Jun 2019 - 30 Nov 201925 Mar 20222360%40%0%71%

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

End of the month following the invoice.

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

Suppliers are notified of any discrepancies immediately and an attempt is made to resolve these with the supplier straight away.

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

The Trade Centre Group PLC is a leading automotive retailer in the United Kingdom. They specialize in the sale of high-quality used cars at affordable prices. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes the use of energy-efficient lighting and recycling of waste materials. They also offer a range of eco-friendly vehicles, such as electric and hybrid cars, to promote sustainable transportation.

The company's main product is their extensive selection of used cars, which are thoroughly inspected and come with a comprehensive warranty. They also offer competitive financing options and a part-exchange service.

The key people at The Trade Centre Group PLC include the CEO, Andy Coulthurst, and the Managing Director, Paul Cleverly. They have a team of experienced sales executives and technicians who are dedicated to providing excellent customer service.

The company's website address is www.thetradecentregroup.co.uk, where customers can browse their inventory and make inquiries. Their registered office address is The Trade Centre UK Ltd, Neath Abbey Business Park, Neath, SA10 7DR.

In summary, The Trade Centre Group PLC is a reputable automotive retailer in the UK, known for its commitment to sustainability and affordable used cars. With a team of experienced professionals and a range of eco-friendly options, they are dedicated to providing a quality and environmentally conscious service to their customers.

Financial Metrics

Cash
£6,482,000
Net Worth
£15,793,000
Total Current Assets
£57,786,000
Total Current Liabilities
£49,249,000

Company Location