CHARLES HURST LIMITED

PaymentCheck Score 2025
49Poor
14.9vs last year
#3682 in UK
#251 in Travel And Transportation
#45 in Northern Ireland

Company Information

Company Number
NI004882
Registered Address
62 Boucher Road, Belfast, County Antrim, BT12 6LR
Status
Active
Employee Count
870
Turnover
£714,378,000
EBITDA
£19,549,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 March 1961
Nature of Business
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
Northern Ireland

Time to Pay

Average Time to Pay
34 days
Shortest Period:3 days
Longest Period:62 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
40%
31-60 Days
34%
After 60 Days
26%
Not Paid Within Terms37%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254738%37%25%56%
01 Jun 2024 - 31 Dec 202430 Jan 20257031%29%40%63%
01 Jan 2023 - 30 Jun 202326 Jul 20232045%34%21%21%
01 Jan 2022 - 30 Jun 202228 Jul 20224135%41%24%35%
01 Jul 2021 - 31 Dec 202128 Jan 20223522%51%27%57%
01 Jan 2021 - 30 Jun 202129 Jul 20213522%51%27%57%
01 Jan 2020 - 30 Jun 202030 Jul 20203851%31%18%45%
01 Jan 2018 - 30 Jun 201830 Jul 20183343%48%9%7%

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

3 days for vehicles from date of registration. Other suppliers on the last working day of the month following the date of receipt of invoice, however variations to these terms do exist based on agreements with certain suppliers.

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

62

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to all parties satisfaction prior to payment being made. In the first instance a dispute should be raised with our Accounts Payables teams – each supplier should have those contact details. If appropriate disputes are escalated to our divisional Financial Controllers and our legal department to find a 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

Charles Hurst Limited is a leading automotive dealership based in the United Kingdom. The company was founded in 1911 and has since become one of the largest and most successful car dealerships in the country.

The company offers a wide range of products and services, including new and used car sales, commercial vehicles, and aftersales services such as repairs and maintenance. They are also an official retailer for premium brands such as Audi, BMW, and Mercedes-Benz.

In addition to their strong presence in the automotive industry, Charles Hurst Limited is also committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes investing in electric and hybrid vehicles, promoting eco-friendly driving practices, and implementing energy-efficient measures in their facilities.

The key people behind the success of Charles Hurst Limited include their Chairman, Mr. Richard Ennis, and their Managing Director, Mr. Colin McNab. They have a team of experienced and dedicated employees who provide excellent customer service and strive to maintain the company's reputation as a trusted and reliable dealership.

For more information about Charles Hurst Limited and their products and services, individuals can visit their website at www.charleshurstgroup.co.uk. The registered office address for the company is 62 Boucher Road, Belfast, BT12 6LR, United Kingdom.

Financial Metrics

Cash
£16,195,000
Net Worth
£72,331,000
Total Current Assets
£160,195,000
Total Current Liabilities
£163,432,000

Company Location