RYGOR HOLDINGS LIMITED

Company Information

Company Number
06506121
Registered Address
The Broadway, West Wilts Trading Estate, Westbury, Wiltshire, BA13 4JX
Status
Active
Employee Count
547
Turnover
£321,389,000
EBITDA
£12,264,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 February 2008
Nature of Business
82110 - Combined office administrative service activities
Industries
Road Travel
Region
South West

Time to Pay

Average Time to Pay
27 days
Shortest Period:3 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
90%
31-60 Days
10%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-06-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2018 - 30 Apr 201927 Jun 20192790%10%0%0%
01 May 2017 - 30 Apr 201823 Jul 20182872%20%8%0%

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

Payments are agreed with our suppliers and vary. We work with vehicle converters and body builders and the payment terms vary depending on the nature of the build project and the 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

n/a

Maximum contractual payment period agreed

60

Dispute Resolution Process

Please contact our purchase ledger team in the first instance at purchaseledger@rygor.co.uk. The team will then escalate where applicable to the relevant manager for resolution

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

RYGOR HOLDINGS LIMITED is a UK-based company that specializes in the sale and maintenance of commercial vehicles. The company has a strong focus on sustainability and offers a wide range of products and services to meet the needs of its customers.

The company was founded in 1966 and has grown to become one of the largest and most successful commercial vehicle dealers in the UK. With a network of 11 branches, RYGOR HOLDINGS LIMITED is able to provide its services to customers across the country.

One of the key aspects of RYGOR HOLDINGS LIMITED is its sustainability program. The company is committed to reducing its environmental impact and has implemented various initiatives to achieve this goal. This includes using energy-efficient technology, recycling waste materials, and promoting sustainable practices within the company.

In terms of products and services, RYGOR HOLDINGS LIMITED offers a wide range of commercial vehicles, including vans, trucks, and trailers. The company also provides maintenance and repair services for these vehicles, as well as offering financing and leasing options.

The key people at RYGOR HOLDINGS LIMITED include the managing director, Richard Jones, and the finance director, Jonathan Gilpin. Both have extensive experience in the commercial vehicle industry and are committed to driving the company's success.

For those interested in learning more about RYGOR HOLDINGS LIMITED, the company's website (https://www.rygor.co.uk/) provides detailed information about its products, services, and sustainability initiatives. The registered office address is located at RYGOR HOUSE, The Broadway, West Wilts Trading Estate, Westbury, Wiltshire, BA13 4JX.

Financial Metrics

Cash
£1,347,000
Net Worth
£12,140,000
Total Current Assets
£116,962,000
Total Current Liabilities
£121,469,000

Company Location