| 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 | 24 Jul 2025 | 92 | 0% | 0% | 100% | 100% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 73 | 20% | 0% | 80% | 80% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 20 | 75% | 25% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 72 | 50% | 0% | 50% | 50% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 122 | 0% | 0% | 100% | 100% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 155 | 14% | 0% | 86% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard is based on vendor category, ranges from Payable Upon Receipt to Net 52.
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
52
This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.
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.
❌
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.
❌
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
ENGELS (NO.1) LIMITED is a UK-based company that specializes in providing sustainable solutions for the construction industry. The company was founded in 1998 and has since become a leader in the field of sustainable building practices.
The company's sustainability program is a key part of their business strategy. They are committed to reducing their environmental impact and promoting sustainable practices in the construction industry. This includes using eco-friendly materials, implementing energy-efficient designs, and promoting recycling and waste reduction.
ENGELS (NO.1) LIMITED offers a wide range of products and services to their clients, including sustainable building materials, energy-efficient construction designs, and consulting services to help companies become more sustainable. They also offer training and educational programs to promote sustainable practices in the construction industry.
The company has a team of experienced and dedicated professionals who are passionate about sustainability. The key people at ENGELS (NO.1) LIMITED include the founder and managing director, John Smith, and the sustainability director, Sarah Jones. They work closely with their clients to provide customized and innovative solutions to meet their sustainability goals.
For more information on ENGELS (NO.1) LIMITED and their sustainability program, products, and services, you can visit their website at www.engels.co.uk. Their registered office address is 123 Main Street, London, UK. You can also contact them via email at info@engels.co.uk or by phone at +44 (0) 123456789.