| 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 | 51 | 19% | 58% | 23% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 47 | 45% | 36% | 19% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 48 | 36% | 45% | 19% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 51 | 33% | 48% | 19% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 48 | 35% | 46% | 19% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 54 | 34% | 44% | 22% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 53 | 28% | 51% | 21% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 59 | 10% | 57% | 33% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 55 | 13% | 63% | 24% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 62 | 11% | 39% | 50% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company has standard payment terms falling the month end occurring immediately after 60 days from the date of invoice, unless otherwise agreed. Payment delays occur if the invoice is received after processing of the weekly supplier payment run. Disputed invoices result in payment delays.
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
Suppliers are advised to contact the relevant Selwood branch personnel for all invoice and payment disputes. If the query cannot be resolved this will either be escalated to the accounts payable team or senior management for further action.
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
SELWOOD LTD is a leading provider of sustainable and innovative water management solutions, based in UK. The company offers a wide range of products and services to various industries such as construction, mining, municipal, and environmental.
The company's sustainability program focuses on reducing its environmental impact and promoting sustainable practices. SELWOOD LTD has implemented energy-efficient measures in their operations, utilizes renewable energy sources, and promotes recycling and waste reduction. They also work closely with their suppliers to ensure sustainable sourcing of materials.
One of SELWOOD LTD's key products is their range of water pumps, designed to be energy-efficient and environmentally friendly. They also offer a variety of services, including pump rental, installation, and maintenance. The company has a team of experienced engineers who provide expert advice and support to their customers.
The key people at SELWOOD LTD include their Managing Director, Robin Williams, who has extensive experience in the water industry. The company also has a team of dedicated employees who are committed to delivering high-quality products and services.
For more information on SELWOOD LTD and their products and services, interested individuals can visit their website at www.selwood.co.uk. Their registered office address is Selwood Ltd, St. Ivel Way, Warmley, Bristol, BS30 8TY.