| 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.
❌
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 leading manufacturer and supplier of bathroom and kitchen solutions in the United Kingdom. The company has a strong commitment towards sustainability and offers a wide range of products and services that are environmentally friendly and energy efficient.
The company's sustainability program focuses on reducing its carbon footprint and promoting responsible sourcing and manufacturing practices. They have implemented various measures such as using renewable energy sources, reducing water consumption, and promoting recycling and waste management.
IDEAL STANDARD (UK) LIMITED offers a diverse range of products including bathroom furniture, taps, showers, baths, and toilets. These products are designed with a focus on functionality, durability, and style. The company also offers installation and maintenance services to ensure customer satisfaction.
The key people at IDEAL STANDARD (UK) LIMITED include their Managing Director, David Barber, and their Sustainability Director, Nigel Stansfield. They bring years of experience and expertise to the company and are committed to driving sustainable growth.
To contact IDEAL STANDARD (UK) LIMITED, customers can visit their website at www.idealstandard.co.uk or reach out to their registered office at the following address: Ideal Standard (UK) Ltd, The Bathroom Works, National Avenue, Kingston Upon Hull, HU5 4HS, United Kingdom. The company also has a strong social media presence on platforms like Facebook, Twitter, and LinkedIn, where customers can stay updated on their latest products and sustainability initiatives. Overall, IDEAL STANDARD (UK) LIMITED is a reliable and innovative company that is dedicated to providing sustainable solutions for modern living.
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