The average time for ADLER & ALLAN LIMITED to pay invoices has been fluctuating over the past three periods. It was at its highest in the second period (from 2021-04-01 to 2021-09-30) at 61 days, then decreased in the third period (from 2021-10-01 to 2022-03-31) to 40 days, and increased slightly in the fourth period (from 2022-04-01 to 2022-09-30) to 41 days. However, in the fifth period (from 2022-10-01 to 2023-03-31), the average time to pay decreased to 46 days.
The volatility of the average time to pay for ADLER & ALLAN LIMITED has been relatively stable over the past three periods, with only a slight increase in the fourth period (from 2022-04-01 to 2022-09-30).
From the data, it can be seen that ADLER & ALLAN LIMITED has shown a slight improvement in paying invoices on time in the third period (from 2021-10-01 to 2022-03-31) compared to the second period (from 2021-04-01 to 2021-09-30). However, there was a slight increase in the average time to pay again in the fourth period (from 2022-04-01 to 2022-09-30). In the fifth period (from 2022-10-01 to 2023-03-31), there was a significant improvement in paying invoices on time, with the percentage of invoices paid within 30 days increasing to 34% and the percentage of invoices paid between 31 and 60 days decreasing to 28%. However, there was also an increase in the percentage of invoices paid later than 60 days to 38%, which is the highest among all periods.
| 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 Oct 2023 - 31 Mar 2024 | 19 Aug 2024 | 46 | 11% | 34% | 55% | 37% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Aug 2024 | 51 | 16% | 50% | 34% | 46% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 46 | 34% | 28% | 38% | 56% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 41 | 14% | 34% | 53% | 53% |
| 01 Oct 2021 - 31 Mar 2022 | 23 Apr 2022 | 40 | 9% | 39% | 52% | 86% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 61 | 5% | 45% | 50% | 83% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 43 | 11% | 38% | 51% | 83% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Adler and Allan standard terms are 60 days net monthly
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
90
On inputting of the supplier's invoice an email will be sent to the supplier detailing the nature of the dispute.
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
Adler & Allan Limited is the registered entity for the Adler & Allan Group, a UK based group specialising in environmental risk and emergency response services. Within the group, OHES Environmental Ltd operates the 24-7 Emergency Advice service, a specialist telephone line providing chemical risk management support. This service offers round the clock emergency response for hazardous goods incidents, advice on chemical transport and supply compliance, and training to help businesses manage chemical safety risks. It has operated since 2011, originally as 24-7 Response, and is used by companies internationally. On-site attendance or clean-up can be arranged through the wider group network when required.
Generated from the company's website and Companies House records. Sources: 24-7response.org · 24-7response.org · 24-7response.org