| 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 May 2018 - 30 Apr 2019 | 27 Jun 2019 | 27 | 90% | 10% | 0% | 0% |
| 01 May 2017 - 30 Apr 2018 | 23 Jul 2018 | 28 | 72% | 20% | 8% | 0% |
| 01 May 2016 - 30 Apr 2017 | 24 May 2018 | 37 | 90% | 10% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with our suppliers and vary. We work with vehicle converters and bodybuilders and the payment terms vary depending on the nature of the build project and requirements of the end customer
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
Please contact the purchase ledger team in the first instance at purchaseledger@rygor.co.uk. The purchase ledger team will then escalate where applicable to the relevant manager for resolution.
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
Rygor Holdings Limited is registered as a combined office administrative service entity, functioning as a holding company within the Rygor Group. The wider group comprises UK automotive businesses focused on trucks, vans, coaches, passenger cars, armoured vehicles, body repairs and coachbuilding, operating from around 17 sites nationally. Its divisions include Rygor Auto, dealing in Mercedes-Benz, SAIC Maxus and Higer Buses; Rygor Plant, supplying Hyundai, Mecalac and Dieci equipment; Rygor Service Solutions, providing commercial fleet workshop management for clients including Tesco, Ocado and Brakes; and Rygor Land Systems, supplying vehicles for military and security operations. The group reports turnover of around £300 million a year. Rygor Holdings Limited itself is the registered holding entity above these trading operations, based in Westbury, Wiltshire.
Generated from the company's website and Companies House records. Sources: rygorgroup.co.uk