| 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 Jan 2025 - 30 Jun 2025 | 22 Jul 2025 | 31 | 56% | 30% | 14% | 32% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 43% | 51% | 6% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 40 | 44% | 40% | 16% | 29% |
| 01 Jan 2021 - 30 Jun 2021 | 17 Sept 2021 | 76 | 20% | 24% | 56% | 90% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Sept 2021 | 63 | 28% | 32% | 40% | 90% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 40 | 36% | 47% | 17% | 75% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 50 | 36% | 32% | 32% | 90% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 43 | 37% | 40% | 24% | 90% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 40 | 38% | 42% | 20% | 89% |
| 01 Jul 2017 - 31 Dec 2017 | 09 May 2018 | 31 | 64% | 22% | 14% | 59% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days from the end of month
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
120
The business process for resolving payment / invoice disputes involves contacting the Accounts Payable team.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
London EV Company Limited, trading as LEVC (London Electric Vehicle Company), designs and manufactures electric taxis and light commercial vehicles from its Coventry site. Its range includes the TX electric taxi, the TX Access adapted vehicle for healthcare and care transport use, the VN5 electric van and the L380 electric MPV, using its e-City Range-Extended Electric Vehicle technology. Descended from the traditional maker of London's black cab, the company has moved into fully electric vehicle production and also handles sales, servicing and dealer support across the UK and other countries. It is also an appointed representative for arranging vehicle finance and insurance through a regulated third party, acting as a credit broker rather than a lender.
Generated from the company's website and Companies House records. Sources: levc.com