The data for NAYLOR DRAINAGE LTD shows a consistent trend of having an average time to pay of 50 days, with a slight increase to 53 days in the second period before returning to 50 days in the most recent period. There has been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days in the second period, but these have since returned to previous levels. The percentage of invoices paid later than 60 days has also fluctuated, with the highest being 27% in the second period but decreasing to 17% in the most recent period.
The data for NAYLOR DRAINAGE LTD shows a relatively stable trend with minimal volatility, with the average time to pay, percentage of invoices paid within 30 days, and percentage of invoices paid between 31 and 60 days remaining consistent across the three periods. The only area of volatility is the percentage of invoices paid later than 60 days, which has fluctuated between 17% and 27%.
From the data, it can be seen that NAYLOR DRAINAGE LTD has consistently maintained an average time to pay of 50 days over the past three periods. The percentage of invoices paid within 30 days and between 31 and 60 days have also remained consistent at 18% and 62% respectively. However, there has been a decrease in the percentage of invoices paid later than 60 days, from 27% in the second period to 17% in the most recent period.
| 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 Mar 2021 - 31 Aug 2021 | 04 Nov 2021 | 50 | 19% | 62% | 19% | 19% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 51 | 18% | 64% | 17% | 23% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 53 | 19% | 54% | 27% | 37% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 50 | 18% | 62% | 20% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
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
60
Any dispute would be dealt with by the person who raised the original purchase order
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
Naylor Drainage Ltd is a long-established British manufacturer based in Cawthorne, Barnsley, producing drainage, ducting, sewer and storm water systems. Its products are used across highways, rail, power, utilities, commercial, industrial, housing and agricultural infrastructure projects. The company describes itself as a modern manufacturing business with over a century of history, investing in research, development and manufacturing facilities, and forms part of the wider Naylor group of companies, which also operates a manufacturing site in Scotland. It supplies products to merchants, contractors and installers through a network of stockists across the UK.
Generated from the company's website and Companies House records. Sources: naylordrainage.co.uk · naylordrainage.co.uk