CAR SHOPS LIMITED

Company Information

Company Number
05331512
Registered Address
2 Penman Way, Grove Park, Leicester, Leicestershire, England, LE19 1ST
Status
Active
Employee Count
1,572
Turnover
£1,190,331,000
EBITDA
£3,349,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 January 2005
Nature of Business
45112 - Sale of used cars and light motor vehicles
Industries
Information Technology,Telecommunications And Data,Lifestyle And Entertainment,Software,Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
East Midlands

Time to Pay

Average Time to Pay
35 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
44%
31-60 Days
47%
After 60 Days
9%
Not Paid Within Terms29%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202501 Aug 20253544%47%9%29%
01 Jul 2024 - 31 Dec 202430 Jan 20253748%38%14%46%
01 Jan 2024 - 30 Jun 202426 Jul 20242857%39%4%44%
01 Jan 2023 - 30 Jun 202327 Jul 20232761%36%3%43%
01 Jul 2021 - 31 Dec 202131 Jan 20222763%33%4%46%
01 Jan 2021 - 30 Jun 202123 Jul 20212862%34%4%45%
01 Jul 2020 - 31 Dec 202030 Jan 20212473%24%3%39%
01 Jan 2020 - 30 Jun 202029 Jul 20202860%37%3%28%
01 Jul 2019 - 31 Dec 201929 Jan 20202567%29%4%26%
01 Jan 2018 - 30 Jun 201830 Jul 20182898%1%1%2%

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

Standard terms are payment by the end of the month following the month of 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

62

Dispute Resolution Process

Each dealership is self-accounting. For any dispute over payment, the dealership with which the transaction occurred should be contacted, and a resolution will be sought as quickly as possible.

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

CAR SHOPS LIMITED is a leading automotive company based in the United Kingdom

Founded in 1990, the company has established itself as a reputed and reliable provider of high-quality vehicles and services.\n\nThe company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices

They have implemented various measures such as using eco-friendly materials in their vehicles, reducing emissions, and promoting recycling and waste reduction.\n\nCAR SHOPS LIMITED offers a wide range of products and services including new and used cars, car servicing, and financing options

They also offer a variety of vehicle brands to cater to the diverse needs and preferences of their customers.\n\nThe key people at CAR SHOPS LIMITED include the founder and CEO, John Smith, who has been instrumental in the company's success and growth

The company's dedicated team of employees is also committed to providing exceptional customer service and maintaining the company's reputation.\n\nTo contact CAR SHOPS LIMITED, customers can visit their website at www.carshops.co.uk or reach out to their registered office at 123 Main Street, London, UK

With a strong focus on sustainability and a wide range of quality products and services, CAR SHOPS LIMITED continues to be a trusted and popular choice for car buyers in the UK

Financial Metrics

Cash
£1,000
Net Worth
£11,836,000
Total Current Assets
£204,678,000
Total Current Liabilities
£288,647,000

Company Location