Industry ranking
Score of 82.78/100 qualifies for PaymentCheck Certification
| 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 Sept 2025 - 28 Feb 2026 | 31 Mar 2026 | 27 | 58% | 35% | 7% | 24% |
| 01 Apr 2025 - 31 Aug 2025 | 30 Sept 2025 | 24 | 81% | 16% | 3% | 24% |
| 01 Sept 2024 - 28 Feb 2025 | 31 Mar 2025 | 24 | 79% | 17% | 4% | 47% |
| 01 Sept 2023 - 29 Feb 2024 | 27 Mar 2024 | 27 | 81% | 16% | 3% | 17% |
| 01 Mar 2023 - 31 Aug 2023 | 02 Oct 2023 | 29 | 80% | 17% | 3% | 18% |
| 01 Sept 2022 - 28 Feb 2023 | 30 Mar 2023 | 27 | 80% | 17% | 3% | 18% |
| 01 Mar 2022 - 31 Aug 2022 | 05 Oct 2022 | 26 | 78% | 20% | 2% | 18% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 26 | 72% | 25% | 3% | 20% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 26 | 82% | 16% | 2% | 29% |
| 01 Sept 2020 - 28 Feb 2021 | 31 Mar 2021 | 26 | 76% | 20% | 4% | 30% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 31 | 69% | 22% | 9% | 31% |
| 01 Sept 2019 - 29 Feb 2020 | 23 Mar 2020 | 27 | 79% | 19% | 3% | 32% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 26 | 81% | 17% | 2% | 32% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 27 | 80% | 17% | 3% | 27% |
| 01 Sept 2017 - 28 Feb 2018 | 31 Mar 2018 | 27 | 77% | 21% | 2% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms for goods and services is 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Wherever possible, we will attempt to adopt the supplier's standard terms if less than 30 days
Maximum contractual payment period agreed
60
Disputes are resolved between respective accounts departments
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.
❌
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
Draper Tools Limited is the registered company behind Draper Tools, a long-established supplier of hand tools, power tools, automotive equipment and accessories, tracing its origins to 1919 and now based at Chandler's Ford, Hampshire. It supplies trade, professional and DIY customers across the UK and Europe with tools spanning automotive, garden, workshop and home use, marketed under its own brands such as Draper, Draper Expert, BUNKER, Venom and D20 alongside third-party brands. The Companies House classification records it as a wholesaler of machine tools. The company describes itself as an independent family business with over a century of trading, supported by warehousing and distribution operations, and has expanded internationally through acquisitions such as the Netherlands-based Delta International.
Generated from the company's website and Companies House records. Sources: drapertools.com · drapertools.com