| 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 Jan 2024 - 30 Jun 2024 | 23 Aug 2024 | 74 | 21% | 39% | 40% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 13 Feb 2019 | 57 | 19% | 34% | 47% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 57 | 18% | 39% | 43% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 75 days for new suppliers. There may be a number of contracts were different terms may be agreed.
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
90
Disputes are resolved via accounts payable involving procurement where necessary. These are generally instigated by the vendor.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Ideal Standard (UK) Limited is a long-established company registered at The Bathroom Works in Hull. Companies House records show it has traded previously as Armitage Shanks Group Limited, Blue Circle Plumbing Fixtures Limited and American Standard Plumbing (UK) Limited, reflecting a history within the bathroom fittings and sanitaryware sector. Its registered business classification covers agents involved in the sale of timber and building materials. The company remains active, filing regular accounts and confirmation statements, and has registered several charges in recent years. Its registered office name and business history point to a role in manufacturing and supplying bathroom products rather than in construction or property services.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk