Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Sept 2019 - 29 Feb 2020 | 30 Jul 2020 | 100 | 9% | 38% | 53% | 68% |
| 01 Mar 2019 - 31 Aug 2019 | 01 Oct 2019 | 84 | 8% | 41% | 51% | 65% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 75 | 12% | 44% | 44% | 75% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 68 | 34% | 36% | 30% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
75 days end of month plus/minus 4 days
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
100
Any disputes or complaints can be raised with the accounts department by either email or phone. The company makes every effort to resolve disputes as soon as possible.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Swift Acquisitions Limited is registered with a head office activities classification (SIC 70100) and its registered address corresponds to the East Yorkshire production site used by Swift Group. Evidence indicates it functions as a holding or head office entity within the Swift Group corporate structure rather than as an operating trading business itself. The wider Swift Group, based at the same site, designs and manufactures touring caravans, motorhomes, campervans and holiday homes in the UK, describing itself as the UK's leading leisure vehicle brand with over 60 years in the industry. No direct trading activity, products or services are described for this specific registered company beyond its role as part of that group.
Generated from the company's website and Companies House records. Sources: swiftgroup.co.uk · swiftgroup.co.uk