GUEST MOTORS LIMITED
Company number: 00585041
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
26 January 2026
Approved by:
Duncan Gray
Payment statistics
Average time taken to pay invoices: 45 days
Total value paid:
- within 30 days: £16,395,238 (28%)
- in 31 to 60 days: £15,551,314 (26%)
- in 61 days or more: £27,515,586 (46%)
Invoices paid:
- within 30 days: 17%
- in 31 to 60 days: 66%
- in 61 days or more: 17%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £31,856,366
- payments due in the reporting period which have not been paid within the agreed period: 37%
- not made in the reporting period due to a dispute: 5%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
270 days
Standard payment terms
45 days following month of invoice
Were there any changes to the standard payment terms in the reporting period?
We have worked with suppliers to extend standard terms to 45 days.
Were suppliers notified or consulted about these changes before they were made?
We have consulted and notified suppliers on a one to one basis to agree new terms in line with industry standard averages.
Maximum contractual payment period agreed
270 days
Only one supplier
Any other information about payment terms
No further comment provided
Dispute resolution process
With the person who raised the order
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