SMITH BRADBEER & COMPANY LIMITED operates with an average payment time of 31 days, sitting marginally outside the standard 30-day threshold. The payment distribution reveals a concentration in the 31-60 day band at 62%, indicating that the majority of payments are completed within a reasonable extended window, while only 3% exceed 60 days, suggesting late-stage delays are uncommon.
With 8% of payments classified as late, the company presents a low-to-moderate risk profile, as the vast majority of transactions are resolved within 60 days. However, the relatively low proportion of payments made within 30 days (35%) indicates that prompt payment is not a consistent practice, meaning suppliers should anticipate routine processing in the 31-60 day range rather than within standard terms.
Overall, SMITH BRADBEER & COMPANY LIMITED represents a manageable payment risk, suitable for suppliers who can accommodate a typical 31-45 day effective payment cycle. The key decision factor is cash flow tolerance, as the dominant 31-60 day payment pattern requires suppliers to plan accordingly. As a risk mitigation measure, suppliers should consider incorporating extended payment terms of 45-60 days into contract negotiations and monitor for any shift in the late payment rate above the current 8% baseline.
| 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 |
|---|---|---|---|---|---|---|
| 04 Aug 2025 - 01 Feb 2026 | 21 May 2026 | 31 | 35% | 62% | 3% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms for goods and services are 30 days unless agreed in advance with the supplier
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
Purchase ledger supervisor deals with disputes in the first instance
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
Smith Bradbeer & Company Limited is a Hampshire-registered company incorporated in 1892, with its registered office in Romsey. Companies House records its nature of business as other retail sale in non-specialised stores. Charges registered against the company show it holds freehold and leasehold interests in numerous commercial properties across Hampshire and Wiltshire, including sites in Romsey, New Milton, Eastleigh and Salisbury, which have been used as security for bank lending from lenders including Lloyds Bank, Santander and National Westminster Bank. These property holdings, spanning high street and station road locations, are consistent with a retailer operating from multiple store premises. No further detail on specific products sold is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk