RAC GROUP (HOLDINGS) LIMITED
Company Information
- Company Number
- 09229561
- Registered Address
- Rac House, Brockhurst Crescent, Walsall, West Midlands, WS5 4AW
- Status
- Active
- Employee Count
- 4,229
- Turnover
- £783,000,000
- EBITDA
- £290,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 September 2014
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Financial Services
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 60 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
90
Dispute Resolution Process
Disputes are resolved by negotiation between the parties
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
RAC GROUP (HOLDINGS) LIMITED is a British company that provides a range of automotive and insurance services. The company was founded in 1897 and is headquartered in Walsall, West Midlands.
RAC GROUP (HOLDINGS) LIMITED is committed to sustainability and has implemented several initiatives to reduce its environmental impact. These include using renewable energy sources, reducing carbon emissions, and recycling waste materials.
The company offers a variety of products and services such as breakdown assistance, car insurance, and vehicle inspections. They also provide financial services, including loans and savings accounts.
The key people at RAC GROUP (HOLDINGS) LIMITED include CEO Dave Hobday, CFO David Newman, and Chief Membership Officer Lisa Humphries.
To contact RAC GROUP (HOLDINGS) LIMITED, customers can visit their website at www.rac.co.uk or call their customer service hotline at 0330 159 0740. The registered office address is RAC House, Brockhurst Crescent, Walsall, West Midlands, WS5 4AW.
