Industry ranking
The trend for PEOPLES LIVERPOOL LIMITED shows that the average time taken to pay invoices has increased from 49 days in 2017 to 50 days in 2023. There has been a slight fluctuation in the percentage of invoices paid within 30 days, ranging from 17% to 28%, but overall there has been a slight decrease in this percentage. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a slight decrease from 69% in 2017 to 66% in 2023. The most notable change in this trend is the increase in the percentage of invoices paid later than 60 days, from 12% in 2017 to 16% in 2023.
The volatility for PEOPLES LIVERPOOL LIMITED is relatively low, with the average time taken to pay invoices only fluctuating by a maximum of 9 days over the past 6 years. The percentage of invoices paid within 30 days has also remained relatively stable, with a maximum fluctuation of 11% over the same time period.
In the past three periods, there has been a slight increase in the average time taken to pay invoices for PEOPLES LIVERPOOL LIMITED, from 52 days in 2018 to 50 days in 2023. The percentage of invoices paid within 30 days has also seen a slight decrease, from 20% in 2018 to 18% in 2023. There has been a notable increase in the percentage of invoices paid later than 60 days, from 17% in 2018 to 16% in 2023. The best period for early payment was in 2021, with 24% of invoices paid within 30 days, while the worst period for late payment was in 2020, with 17% of invoices paid later than 60 days.
| 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 Aug 2025 - 31 Jan 2026 | 26 Feb 2026 | 46 | 30% | 59% | 11% | 0% |
| 01 Feb 2025 - 31 Jul 2025 | 31 Aug 2025 | 46 | 25% | 66% | 9% | 0% |
| 01 Aug 2024 - 31 Jan 2025 | 28 Feb 2025 | 46 | 23% | 68% | 9% | 0% |
| 01 Aug 2023 - 31 Jan 2024 | 29 Feb 2024 | 50 | 17% | 69% | 14% | 0% |
| 01 Feb 2023 - 31 Jul 2023 | 31 Aug 2023 | 50 | 18% | 66% | 16% | 0% |
| 01 Aug 2022 - 31 Jan 2023 | 28 Feb 2023 | 48 | 23% | 64% | 13% | 0% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 41 | 28% | 60% | 12% | 0% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 41 | 24% | 69% | 7% | 0% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 49 | 21% | 67% | 12% | 0% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 59 | 23% | 61% | 16% | 0% |
| 01 Feb 2020 - 31 Jul 2020 | 31 Aug 2020 | 58 | 21% | 62% | 17% | 0% |
| 01 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 54 | 17% | 66% | 17% | 0% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 54 | 21% | 62% | 17% | 0% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 52 | 20% | 63% | 17% | 0% |
| 01 Feb 2018 - 31 Jul 2018 | 31 Aug 2018 | 49 | 17% | 69% | 14% | 0% |
| 01 Aug 2017 - 31 Jan 2018 | 28 Feb 2018 | 49 | 19% | 69% | 12% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Peoples Liverpool Limited operates under 3 separate categories of terms:- 1. Supplier terms of typically 30 days. 2. Our own terms which have been agreed with our suppliers whereby we pay on the last day of the month following invoice date. 3. Vehicle supplier terms up to 365 days following invoice date.
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
The only disputes would relate to general ledger invoices not received or not carrying the necessary purchase order details. These would be resolved through monthly account reconciliations and contact made with the supplier to ensure payment within agreed terms.
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
Peoples Liverpool Limited is part of the Peoples Automotive Group, a family-run motor retail business trading as Peoples across Scotland and Liverpool. The group operates as a franchised dealer for brands including Ford, BYD, OMODA JAECOO and Maxus, selling new and used vehicles and offering aftersales services such as servicing, MOT testing, parts and accessories. It also acts as a credit broker, arranging vehicle finance through third-party providers under FCA authorisation. The Liverpool operation forms part of this wider dealership network rather than trading independently, with vehicles sold both in showrooms and online, supported by inspection and warranty schemes offered across the group's sites.
Generated from the company's website and Companies House records. Sources: peoplescars.co.uk