WILLIAM STRIKE LIMITED exhibits a consistent trend towards slower payments, with an average payment time of 60 days. A significant 45% of payments extend beyond 60 days, indicating that quick payments (within 30 days) are rare at only 5%.
There is notable volatility in payment timings, as while 50% pay within the 31-60 day window, nearly half (45%) pay over 60 days, making payment predictability challenging. Furthermore, a 7% late payment rate indicates a moderate risk of non-adherence to agreed terms, impacting cash flow reliability for suppliers.
Suppliers engaging with WILLIAM STRIKE LIMITED should anticipate an average 60-day payment cycle, with a considerable proportion of invoices extending beyond this period. It is recommended to establish strict payment terms and implement proactive follow-up procedures, potentially factoring in extended payment windows or exploring early payment discount incentives to manage cash flow effectively.
| 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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 60 | 5% | 50% | 45% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 61 | 6% | 50% | 44% | 9% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 61 | 5% | 49% | 46% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 62 | 5% | 47% | 48% | 8% |
| 26 Mar 2023 - 30 Sept 2023 | 30 Oct 2023 | 62 | 4% | 49% | 47% | 5% |
| 26 Sept 2022 - 25 Mar 2023 | 24 Apr 2023 | 65 | 5% | 46% | 49% | 8% |
| 27 Mar 2022 - 25 Sept 2022 | 20 Oct 2022 | 64 | 4% | 46% | 50% | 6% |
| 27 Sept 2021 - 26 Mar 2022 | 22 Apr 2022 | 65 | 3% | 44% | 53% | 9% |
| 28 Mar 2021 - 26 Sept 2021 | 22 Oct 2021 | 68 | 3% | 43% | 54% | 8% |
| 28 Sept 2020 - 27 Mar 2021 | 26 Apr 2021 | 67 | 4% | 42% | 54% | 4% |
| 31 Mar 2020 - 27 Sept 2020 | 28 Oct 2020 | 77 | 4% | 30% | 66% | 8% |
| 30 Sept 2019 - 30 Mar 2020 | 29 Apr 2020 | 65 | 3% | 43% | 54% | 8% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 62 | 3% | 49% | 48% | 5% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 62 | 3% | 50% | 47% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 65 | 3% | 48% | 49% | 8% |
| 02 Oct 2017 - 01 Apr 2018 | 30 Apr 2018 | 64 | 3% | 46% | 51% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard terms are end of month the invoice is dated plus 45 days with payment made and cleared in this timescale. We also have extended payment terms with certain suppliers at various times of the year.
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
150
Disputed invoices are marked on the system and the supplier is contacted informing them of why an invoice is disputed with the aim being to resolve all disputes as soon as possible.
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
WILLIAM STRIKE LIMITED operates as an active Private limited Company. The specific nature of its business activities, however, is not detailed in the provided information, beyond its legal structure as a company limited by shares.
The company, identified by company number 00096366, was incorporated on 7 January 1908. Its registered office is located at C/O Houghton Hall Garden Centre, Houghton, Carlisle, CA6 4JB, placing it within the North West region of the UK.
As a Private limited Company, this organisational structure is commonly utilised in the UK for businesses across a vast array of sectors. Such companies provide a wide range of goods, services, and professional specialisms to consumers and other businesses within the British economy.