| 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 Dec 2023 - 31 May 2024 | 26 Jun 2024 | 31 | 44% | 53% | 3% | 46% |
| 01 Jun 2023 - 30 Nov 2023 | 26 Jun 2024 | 30 | 49% | 50% | 1% | 49% |
| 01 Dec 2022 - 31 May 2023 | 29 Jun 2023 | 28 | 50% | 49% | 2% | 45% |
| 01 Jun 2022 - 30 Nov 2022 | 03 Feb 2023 | 28 | 48% | 51% | 1% | 65% |
| 01 Dec 2021 - 31 May 2022 | 05 Jul 2022 | 23 | 56% | 43% | 1% | 54% |
| 01 Jun 2021 - 30 Nov 2021 | 25 Mar 2022 | 25 | 58% | 42% | 0% | 45% |
| 01 Dec 2020 - 31 May 2021 | 25 Mar 2022 | 29 | 60% | 25% | 16% | 55% |
| 01 Jun 2020 - 30 Nov 2020 | 25 Mar 2022 | 38 | 46% | 41% | 13% | 73% |
| 01 Dec 2019 - 31 May 2020 | 28 Mar 2022 | 36 | 36% | 54% | 10% | 78% |
| 01 Jun 2019 - 30 Nov 2019 | 25 Mar 2022 | 23 | 60% | 40% | 0% | 71% |
| 01 Dec 2018 - 31 May 2019 | 20 Sept 2019 | 26 | 57% | 42% | 1% | 4% |
| 01 Jun 2018 - 30 Nov 2018 | 31 Jan 2019 | 32 | 54% | 38% | 8% | 3% |
This information is as reported by the business, and responses are in their own words.
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
Suppliers are notified of any discrepancies immediately and an attempt is made to resolve these with the supplier straight away.
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
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.
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