JOHN GROSE GROUP LIMITED
Company number: 01491537
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
31 July 2025
Approved by:
Steve Syrett
Payment statistics
Average time taken to pay invoices: 36 days
Total value paid:
- within 30 days: £43,842,541 (61%)
- in 31 to 60 days: £18,173,151 (25%)
- in 61 days or more: £9,366,590 (13%)
Invoices paid:
- within 30 days: 32%
- in 31 to 60 days: 65%
- in 61 days or more: 3%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £146,110
- payments due in the reporting period which have not been paid within the agreed period: 1%
- not made in the reporting period due to a dispute: 50%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
365 days
Standard payment terms
We have a wide range of terms depending the nature of supply and the relationship with our suppliers. Non-vehicle standard supplier payment terms are end of month following invoice date (e.g 15th May invoice date paid 31st July), but we work with our suppliers on this and dependant on circumstances and nature of supply may make payment at an earlier point. New vehicle supplier payments are made in line with the manufacturer stocking plan with payment typically being made within 3-5 days of registration of the vehicle or at end of stocking plan terms, whichever is the sooner.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
365 days
The above date is relevant to new vehicle supplies. Non-vehicle supplies will be paid typically at end of month following invoice date.
Any other information about payment terms
No further comment provided
Dispute resolution process
All invoices are processed by our central purchase ledger department, who allocate invoices to managers electronically for authorisation. In the case of any queries, these will be logged by either the purchase ledger team or the manager. Quick resolution is expected by senior management on any dispute
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No