T.G. HOLDCROFT (HOLDINGS) LIMITED
Company Information
- Company Number
- 08734338
- Registered Address
- Leek Road, Hanley, Stoke-On-Trent, ST1 6AT
- Status
- Active
- Employee Count
- 617
- Turnover
- £659,939,000
- EBITDA
- £13,339,000
Additional Details
- Website
- https://www.holdcroft.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 October 2013
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Travel And Transportation
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 | 01 Aug 2025 | 15 | 83% | 14% | 3% | 34% |
| 01 Jul 2024 - 31 Dec 2024 | 07 Apr 2025 | 22 | 75% | 23% | 2% | 55% |
| 01 Jan 2024 - 30 Jun 2024 | 07 Apr 2025 | 18 | 77% | 21% | 2% | 47% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Feb 2024 | 22 | 75% | 23% | 2% | 55% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 18 | 77% | 21% | 2% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 17 | 78% | 20% | 2% | 46% |
| 01 Jul 2021 - 31 Dec 2021 | 02 Feb 2022 | 60 | 76% | 21% | 2% | 47% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 18 | 78% | 19% | 3% | 46% |
| 01 Jul 2020 - 31 Dec 2020 | 23 Feb 2021 | 22 | 74% | 22% | 4% | 48% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Aug 2020 | 0 | 0% | 0% | 100% | 100% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 19 | 74% | 22% | 2% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 17 | 77% | 20% | 1% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 19 | 73% | 24% | 2% | 44% |
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
“It is the policy of the organisation to agree appropriate terms of payment with suppliers during contract negotiations. We aim to adhere to these terms in all cases subject to suppliers producing satisfactory invoices in a timely manner. Where payment terms have not been negotiated and agreed in advance, we aim to pay suppliers on the last working day of the month following invoice. This would be payment within a maximum of 60 days from invoice date and a minimum of 30 days with an average of 45 days. As a family owned business that has been trading for over 50 years we have very strong relationships with both our customers and suppliers alike and in circumstances where payment needs to be made outside of the usual monthly payment cycle we will always look to accommodate an earlier payment if possible”.
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
Dispute Resolution Process
“The organisation is committed to dealing with its suppliers in a fair, honest and professional manner whilst seeking the best value for the business. We always seek to resolve queries as quickly as possible to the satisfaction of all parties prior to payment being made. Any queries should be sent to purchaseledger@holdcroft.com initially where we would aim to respond within 5 working days. In the event that the dispute could not be resolved by our Accounts Payable department, it would escalate in the first instance to the relevant head of department to seek 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
T.G
HOLDCROFT (HOLDINGS) LIMITED is a British company that offers a wide range of products and services in the automotive industry
The company was established in 1971 and has been providing quality products and services to its customers for over 50 years.\n\nTheir sustainability program focuses on reducing their environmental impact by implementing eco-friendly practices in their operations
This includes using sustainable materials, reducing waste and emissions, and promoting energy efficiency
They also prioritize ethical sourcing and fair labor practices in their supply chain.\n\nT.G
HOLDCROFT offers a variety of products such as new and used cars, parts and accessories, and car servicing and repairs
They are an authorized dealer for major car brands like Renault, Dacia, and Kia
They also offer financing options for customers to make purchasing a vehicle more accessible.\n\nThe key people behind T.G
HOLDCROFT are the directors, Tim and Gareth Holdcroft, who have led the company to its success and growth
They are committed to providing excellent customer service and ensuring the sustainability of their business.\n\nThe company's registered office address is at Leek Road, Hanley, Stoke-on-Trent, Staffordshire, ST1 6AT
Their website, www.tgholdcroft.co.uk, provides information on their products and services, as well as the latest news and promotions
Customers can also contact them through their website or by calling their customer service hotline at 01782 204040
