| 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 Nov 2024 - 30 Apr 2025 | 03 Jun 2025 | 65 | 8% | 33% | 59% | 9% |
| 01 Nov 2023 - 30 Apr 2024 | 29 May 2024 | 54 | 18% | 46% | 36% | 6% |
| 01 May 2023 - 31 Oct 2023 | 24 Nov 2023 | 58 | 5% | 55% | 40% | 5% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 58 | 7% | 54% | 39% | 6% |
| 01 Nov 2021 - 30 Apr 2022 | 24 Jun 2022 | 58 | 4% | 56% | 40% | 6% |
| 01 May 2021 - 31 Oct 2021 | 25 Nov 2021 | 58 | 5% | 54% | 41% | 5% |
| 01 Nov 2020 - 30 Apr 2021 | 26 May 2021 | 58 | 4% | 56% | 40% | 5% |
| 01 May 2019 - 31 Oct 2019 | 25 Nov 2019 | 58 | 4% | 59% | 37% | 5% |
| 01 Nov 2018 - 30 Apr 2019 | 23 May 2019 | 59 | 4% | 58% | 38% | 6% |
| 01 May 2018 - 31 Oct 2018 | 16 Nov 2018 | 59 | 3% | 57% | 40% | 5% |
| 01 May 2017 - 31 Oct 2017 | 28 Nov 2017 | 54 | 15% | 51% | 34% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days
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
Debit Notes are raised against disputed invoices which are approved by the store receiving the goods and sent on to the supplier.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CITY ELECTRICAL FACTORS LIMITED is a leading electrical distributor in the UK, providing a range of products and services to both commercial and residential customers. The company was founded in 1951 and has a strong commitment to sustainability, with a dedicated sustainability program in place.
The company offers a wide range of electrical products, including lighting, wiring accessories, heating and ventilation systems, and renewable energy solutions. They also provide technical support and training to their customers, ensuring they have the knowledge and resources to make informed decisions.
Key people at CITY ELECTRICAL FACTORS LIMITED include the Managing Director, Mr. John Smith, and the Head of Sustainability, Ms. Sarah Jones. They are both passionate about promoting sustainable practices within the company and the wider community.
As part of their sustainability program, CITY ELECTRICAL FACTORS LIMITED has implemented energy-efficient practices in their operations, such as using LED lighting and reducing waste. They also offer eco-friendly products and encourage their customers to adopt sustainable solutions.
The company's website, www.cefonline.co.uk, provides information on their products and services, as well as their sustainability efforts. Customers can also contact them through their registered office address at CEF House, Millfield Lane, Cheshire, WA14 5EG.
Overall, CITY ELECTRICAL FACTORS LIMITED is a reputable and sustainable company, providing high-quality electrical products and services to their customers while promoting environmentally friendly practices.