ANDREW PAGE 1917 LIMITED

Company Information

Company Number
10403406
Registered Address
1 London Street, Reading, United Kingdom, RG1 4PN
Status
Dissolved
Employee Count
1,432
Turnover
£115,578,000
EBITDA
-£16,690,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 2016
Nature of Business
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Road Travel
Region
South East

Time to Pay

Average Time to Pay
78 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
15%
31-60 Days
16%
After 60 Days
69%
Not Paid Within Terms99%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201930 Jul 20196810%23%67%98%
01 Jan 2018 - 30 Jun 201826 Jul 20186814%22%64%56%

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

Payment terrms vary between 0-90 Days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

% of invoices not paid to terms remains high. An increasing proportion (approx 88%) of all stock invoices are from AP's parent Co, ECP and currently invoices are not being paid (due to them being interco) which has impacted this metric. Futher, standard process in Andrew Page is to pay suppliers due on 30th/31st of the month, on the next available working day. As a result, payments will be classed as paid outside of terms, however this has been standard practise for some time and has been accepted by suppliers.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Escalation Process: 1st Point of Contact for all payment queries is the AP assistant 2 Point of contact - Purchase Ledger Supervisor 3rd Point of Contact - Head of Finance

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

ANDREW PAGE 1917 LIMITED is a UK-based company that specializes in the distribution of automotive parts and accessories. Founded in 1917, the company has a long history of providing quality products and services to the automotive industry.

The company's sustainability program is a key focus, with a commitment to reducing its carbon footprint and promoting responsible business practices. This includes implementing eco-friendly packaging and logistics, as well as promoting recycling and waste reduction throughout its operations.

ANDREW PAGE 1917 LIMITED offers a wide range of products and services, including spare parts, tools, and equipment for cars, vans, and motorcycles. They also provide technical support and training for their customers, ensuring that they can provide the best services to their own customers.

The key people at ANDREW PAGE 1917 LIMITED include their CEO, Mark Saunders, and their CFO, Claire Tindale. They also have a team of experienced professionals who are dedicated to providing the best products and services to their customers.

The company's website address is www.andrewpage.com, where customers can browse and purchase products, as well as access technical support and training resources. Their registered office address is Unit 1, King's Court, King Street, Low Moor, Bradford, BD12 0NQ, United Kingdom.

In summary, ANDREW PAGE 1917 LIMITED is a well-established company in the UK automotive industry, with a strong focus on sustainability and providing high-quality products and services to their customers. With a dedicated team and a commitment to responsible business practices, they continue to be a leading distributor in the market.

Financial Metrics

Cash
£484,000
Net Worth
-£41,919,000
Total Current Assets
£37,416,000
Total Current Liabilities
£83,649,000

Company Location