MOTOR REPAIR NETWORK LTD
Company number: 07669533
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
25 October 2025
Approved by:
Lucy Gallagher
Payment statistics
Average time taken to pay invoices: 31 days
Invoices paid:
- within 30 days: 73%
- in 31 to 60 days: 25%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 12%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
60 days
Standard payment terms
Our standard payment terms are 60 days from which the invoice is processed. There are variations on this dependant on the location of the supplier and the type of work undertaken and are agreed with the supplier when their contract is signed.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
The company is committed to dealing with supplier queries in a fair, professional and timely manner. Before an invoice is entered onto the general ledger it was be approved by the appropriate manager. If an invoice is queried it is returned to the supplier by our transactional finance team. The query explanation is logged against the invoice to keep track of progress when reconciling the supplier account. The company has a pool of network managers who will assist with any queries with suppliers.
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.
Yes
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?
Yes
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No