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
Any other information about payment terms
N/A
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 British company that specializes in drainage products and services. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using recycled materials in their production processes, optimizing energy usage in their facilities, and implementing waste reduction measures. They also have a commitment to responsible sourcing and ethical manufacturing practices.
NAYLOR DRAINAGE LTD offers a wide range of drainage solutions, including pipes, fittings, and manhole covers. Their products are designed to be durable and long-lasting, reducing the need for frequent replacements. This not only saves customers money but also reduces waste in the long run.
The company is led by a team of experienced professionals, including managing director Edward Naylor and commercial director Bridie Warner-Adsetts. They have a dedicated customer service team that can provide assistance and support to clients.
NAYLOR DRAINAGE LTD can be contacted through their website, which also includes detailed information about their products and services. Their registered office address is in Yorkshire, UK.
In summary, NAYLOR DRAINAGE LTD is a sustainable company that offers high-quality drainage products and services. Their commitment to sustainability, along with their experienced team and efficient customer service, makes them a reliable choice for all drainage needs.