PARK'S OF HAMILTON (TOWNHEAD GARAGE) LIMITED
Company Information
- Company Number
- SC061896
- Registered Address
- Park House, 14 Bothwell Road, Hamilton, Lanarkshire, ML3 0AY
- Status
- Active
- Employee Count
- 1,199
- Turnover
- £700,776,000
- EBITDA
- £26,841,000
Additional Details
- Website
- https://parks.uk.com
- Company Type
- Private limited Company
- Incorporated On
- 9 March 1977
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles45200 - Maintenance and repair of motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Travel And Transportation
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 25 | 67% | 28% | 5% | 6% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 26 | 64% | 31% | 5% | 8% |
| 01 Apr 2023 - 30 Sept 2023 | 10 Nov 2023 | 27 | 64% | 31% | 5% | 10% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 30 | 57% | 38% | 5% | 19% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 30 | 56% | 38% | 6% | 17% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 37 | 53% | 35% | 12% | 18% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 33 | 55% | 35% | 10% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 35 | 49% | 39% | 12% | 9% |
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
The company’s payment terms vary by supplier and the product or service being provided. Specific agreements are in place which determine the terms available for the purchase of vehicle components which can extend to 60 days credit and for vehicle purchases which range from 3 days to 365 days depending on the manufacturer. The Company accepts the standard credit terms of any suppliers where payment is required to be made by direct debit. Otherwise the standard payment terms of the Company are that invoices will be paid by bank transfer by the end of the month following receipt of the invoice.
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
365
Dispute Resolution Process
The Company operates a centralised purchase ledger function which is the first point of contact in resolving payment disputes. Where that function cannot resolve the dispute directly, the matter is escalated to the appropriate branch manager to resolve. Head office management carry out regular reviews of ongoing disputes. In the interest of building good relationships with our suppliers we aim to resolve any issues in an effective and timely manner.
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
Parks of Hamilton (Townhead Garage) Limited is a reputable car dealership and service center based in the UK. The company has been in operation for over 40 years and has established itself as a leader in the automotive industry.
The dealership offers a wide range of new and used cars from popular brands such as Audi, Volkswagen, and Toyota. They also provide a variety of after-sales services including maintenance, repairs, and parts replacement. Their team of experienced technicians ensures that all vehicles are in top condition before being sold to customers.
In addition to their excellent products and services, Parks of Hamilton (Townhead Garage) Limited has a strong commitment to sustainability. They have implemented a sustainability program that focuses on reducing their carbon footprint, promoting eco-friendly practices, and supporting local communities. The company also offers electric and hybrid cars as part of their efforts to promote greener transportation options.
The key people behind Parks of Hamilton (Townhead Garage) Limited are the managing director, George Cameron, and the general manager, Sarah Thomson. They lead a team of dedicated professionals who are committed to providing top-notch customer service and maintaining the company's high standards.
For more information on their products, services, and sustainability initiatives, customers can visit their website at www.parks.uk.com. The registered office address for Parks of Hamilton (Townhead Garage) Limited is 12 Quarry Road, Hamilton, ML3 7AA.
