Industry ranking
ARBOR FOREST PRODUCTS LIMITED consistently pays the majority of its invoices (79%) within the 31-60 day window, resulting in an average payment time of 39 days. This trend indicates a preference for settling invoices towards the latter end of typical 30-day terms, with only 15% being paid within 30 days. While payments are generally received, suppliers should expect a consistent trajectory that extends beyond immediate settlement periods.
Despite the high percentage of payments within 31-60 days, the 9% late payment rate and 5% extending over 60 days introduce a moderate level of volatility and unpredictability. This indicates that while most invoices are reliable, a small but notable portion may experience significant delays beyond typical expectations. Suppliers should be aware of this risk factor, as it suggests a degree of inconsistency in settling all obligations on time.
Overall, ARBOR FOREST PRODUCTS LIMITED is a reasonably reliable payer, with most invoices settling within a predictable 31-60 day timeframe. Suppliers should factor in an average payment cycle of approximately 39 days when setting expectations and cash flow projections. Consider offering payment terms up to 60 days to align with their typical behavior, and implement proactive follow-up for invoices approaching this threshold to mitigate the 9% late payment risk.
| 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 | 07 May 2024 | 42 | 17% | 74% | 9% | 7% |
| 01 Apr 2023 - 30 Sept 2023 | 07 May 2024 | 41 | 18% | 74% | 8% | 8% |
| 01 Oct 2022 - 31 Mar 2023 | 07 May 2024 | 40 | 17% | 74% | 9% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 07 May 2024 | 40 | 19% | 73% | 8% | 10% |
| 01 Sept 2021 - 31 Mar 2022 | 20 Jul 2022 | 39 | 14% | 78% | 8% | 7% |
| 01 Apr 2021 - 30 Sept 2021 | 20 Jul 2022 | 39 | 15% | 79% | 5% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Sept 2021 | 40 | 13% | 82% | 5% | 8% |
| 01 Apr 2020 - 30 Sept 2020 | 17 Sept 2021 | 39 | 14% | 81% | 5% | 11% |
| 01 Oct 2019 - 31 Mar 2020 | 17 Sept 2021 | 40 | 11% | 83% | 6% | 9% |
| 01 Apr 2019 - 30 Sept 2019 | 16 Oct 2019 | 40 | 20% | 80% | 0% | 5% |
| 01 Oct 2018 - 31 Mar 2019 | 23 May 2019 | 38 | 18% | 77% | 5% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 41 | 6% | 89% | 5% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Various. Proforma, 3 days and through to 60 days dependent on negotiations with suppliers
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
Work with suppliers to resolve quickly
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
Arbor Forest Products Limited is a UK registered company incorporated in 1951. It previously traded as Howarth (Timber Importers) Limited until the name changed in 2007. According to Companies House records, its registered business activities are sawmilling and planing of wood, acting as agents in the sale of timber and building materials, and freight transport by road. The company remains active, with its registered office in North Lincolnshire. No detailed operational description was available from its own website, which returned only a verification page rather than descriptive content. Based on the official classification codes, the company operates within the timber processing and building materials trade, combining wood milling with distribution and haulage services.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk