| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 28 | 60% | 38% | 2% | 14% |
| 01 Jan 2025 - 30 Jun 2025 | 07 Aug 2025 | 25 | 60% | 39% | 1% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 26 | 57% | 42% | 1% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Aug 2024 | 25 | 62% | 37% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 32 | 49% | 50% | 1% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In line with industry practice, manufacturers insist upon direct access to our bank accounts and they take funds to pay for both vehicles and parts when they fall due. Other suppliers are normally paid in accordance with their terms of trading. Greenhous’s standard terms of trading are 30 days end of month following the month in which the invoice is received. We pay non-vehicle supplies within 30 days of the end of the month in which the invoice is received. The overwhelming majority of supply is from motor manufacturers. Greenhous deals on those manufacturers' standard terms which require payment by direct debit withdrawal from our account within 2-3 working days of invoice date in the vast majority of cases. Other suppliers’ payments are required within 2-3 working days of vehicle registration date on the sale. All vehicle suppliers are paid within 2-3 working days of due date as per standard manufacturers terms. Otherwise our standard trading terms are 30 days from end of the month the invoice is received.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Any dispute is resolved locally between company and the supplier on an individual basis with the primary aim that disputes are settled within 30 days and contractual payment dates where 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
GREENHOUS FLEET AND RETAIL LIMITED is a UK-based company that specializes in providing fleet management and retail services. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes promoting the use of electric and hybrid vehicles, reducing carbon emissions through efficient logistics and transportation, and implementing recycling and waste reduction measures in their facilities.
GREENHOUS FLEET AND RETAIL LIMITED offers a wide range of fleet management services, including vehicle leasing and maintenance, fuel management, and driver safety training. They also have a retail division that provides a variety of products and services such as vehicle sales, spare parts, and accessories.
The key people at GREENHOUS FLEET AND RETAIL LIMITED include their Managing Director, who oversees the overall operations of the company, and their Sustainability Manager, who leads the company's sustainability efforts.
To contact GREENHOUS FLEET AND RETAIL LIMITED, you can visit their website at www.greenhousfleetandretail.co.uk. Their registered office address is located at Greenhous House, Sitka Drive, Shrewsbury, Shropshire, SY2 6LG, United Kingdom.
In summary, GREENHOUS FLEET AND RETAIL LIMITED is a reputable company that offers sustainable fleet management and retail services. With their commitment to sustainability and a wide range of products and services, they are a reliable choice for businesses looking for environmentally-friendly solutions.
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