The average payment time for VIDENDUM PLC is 58 days, indicating a consistent trend of payments extending well beyond standard 30-day terms. A significant majority (86%) of payments fall outside the 30-day window, with nearly two-fifths (39%) exceeding 60 days, suggesting a trajectory towards extended payment cycles.
The distribution of payments reveals a moderate level of unpredictability, as only 14% are paid within 30 days while a substantial 39% extend beyond 60 days. With 8% of payments being classified as late, there is a discernible risk factor related to consistent on-time remittance, impacting cash flow reliability for suppliers.
Suppliers should anticipate extended payment terms from VIDENDUM PLC, with the high percentage of payments over 60 days and 8% late payments being key decision factors. It is recommended to factor in the 58-day average payment cycle into cash flow projections and consider implementing clear payment milestones or early payment discount incentives to mitigate associated liquidity risks.
| 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 2025 - 30 Jun 2025 | 28 Jul 2025 | 58 | 14% | 47% | 39% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days is our standard contractual length.
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
75
Accounts payable or procurement liaise with suppliers to resolve the issue. Address is Videndum Production Solutions Ltd, William Vinten Building, Easlea Road, Bury St Edmunds IP32 7BY.
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
Videndum PLC operates as an active public limited company within the UK corporate framework. This corporate structure enables the company to offer its shares to the public.
Incorporated on 30 January 1928, Videndum PLC holds company number 00227691. Its registered office is situated at William Vinten Building, Easlea Road, Bury St Edmunds, England, IP32 7BY, placing its operations within the East of England.
Public limited companies in the UK operate across a comprehensive spectrum of economic sectors, providing a vast and diverse array of services and products. This corporate structure is adopted by organisations ranging from manufacturing and technology to financial services and consumer goods.