PETER VARDY LIMITED
Company Information
- Company Number
- SC297001
- Registered Address
- Pioneer House Renshaw Place, Holytown, Motherwell, Scotland, ML1 4UF
- Status
- Active
- Employee Count
- 772
- Turnover
- £438,177,000
- EBITDA
- -£7,942,000
Additional Details
- Website
- https://petervardybmw.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 February 2006
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles45112 - Sale of used cars and light motor vehicles
- Industries
- Road Travel
- 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 | 26 | 68% | 23% | 9% | 39% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 14 | 84% | 13% | 3% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 37 | 46% | 46% | 8% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 11 Jan 2024 | 23 | 66% | 29% | 5% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 24 | 61% | 35% | 4% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 34 | 43% | 51% | 6% | 31% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 30 | 53% | 40% | 7% | 60% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 33 | 49% | 43% | 8% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 30 | 57% | 36% | 7% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Aug 2020 | 27 | 63% | 29% | 7% | 39% |
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 standard payment terms for the business is monthly. For example, all of the invoices received from suppliers on monthly payment terms in January will be paid by the end of February. This is our standard terms and is how we pay the majority of our suppliers. This means that the standard payment period will be between 30 and 60 days.
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
60
Dispute Resolution Process
On the rare occasions when there is a dispute in relation to the payment of invoices, these disputes will be dealt with through meetings and discussions involving the appropriate people. These people being; the purchase ledger team and the supplier initially, and then if a resolution is not met, the purchase ledger manager will become involved and so on until the situation is resolved. It is the aim to resolve disputes as soon as possible, generally within a few days. There is no specific documentation detailing how disputes are resolved due to disputes being rather infrequent. Each dispute will be dealt with accordingly based on the situation of that particular dispute, there is no blanket process.
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
PETER VARDY LIMITED is a UK-based automotive company that specializes in the sale and distribution of new and used cars. Established in 2001, the company has grown to become one of the leading car dealerships in the UK, with over 20 locations across the country.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using energy-efficient lighting and heating systems in their showrooms, as well as promoting recycling and reducing waste in their operations. They also offer eco-friendly vehicle options to their customers, such as electric and hybrid cars.
PETER VARDY LIMITED offers a wide range of products and services to their customers. They sell a variety of new and used cars from popular brands such as Audi, BMW, Ford, and Volkswagen. They also provide financing options and aftersales services, including maintenance and repairs.
The key people behind PETER VARDY LIMITED include the founder and CEO, Peter Vardy, who has over 30 years of experience in the automotive industry. The company also has a team of experienced sales and service staff who are dedicated to providing excellent customer service.
For more information on PETER VARDY LIMITED and their services, customers can visit their website at www.petervardy.com. The company's registered office address is located at Peter Vardy Limited, 500 Pavilion Drive, Northampton Business Park, Northampton, NN4 7YJ. Overall, PETER VARDY LIMITED is a reputable and sustainable automotive company that continues to provide quality products and services to their customers.
