| 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 | 01 Aug 2025 | 69 | 22% | 30% | 48% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 64 | 24% | 29% | 47% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 64 | 22% | 33% | 45% | 26% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 64 | 18% | 32% | 50% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 62 | 24% | 32% | 44% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 55 | 31% | 30% | 39% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 55 | 27% | 34% | 39% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment Terms including any standard contractual length of time for payment of invoices and the maximum contractual payment period, any changes to standard terms, whether suppliers have been notified or consulted on these changes.
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
Debit notes are raised against invoices in dispute. These are authorised by the manager of the relevant trading location and sent to the supplier for their records. If a supplier disputes a debit note or has a payment query, they should contact the accounts payable team or the manager of the relevant trading location. Disputes should be resolved within 60 days of the supplier receiving the debit note.
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
DETA ELECTRICAL COMPANY LIMITED is a leading electrical company based in the United Kingdom. They specialize in providing high-quality electrical products and services to their clients. The company is committed to sustainability and has implemented various measures to reduce their impact on the environment.
One of the key activities of DETA ELECTRICAL COMPANY LIMITED is the production and distribution of electrical products such as switches, sockets, lighting, and wiring accessories. These products are designed to meet the highest standards of quality and safety, making them a preferred choice for both residential and commercial projects.
The company also offers a wide range of electrical services, including installation, maintenance, and repair. They have a team of highly skilled and experienced electricians who ensure that all projects are completed to the highest standards.
DETA ELECTRICAL COMPANY LIMITED is dedicated to sustainability and has implemented various initiatives to reduce their carbon footprint. They use eco-friendly materials in their products and have implemented energy-efficient practices in their manufacturing processes. Additionally, the company has a recycling program in place to reduce waste and promote a circular economy.
The key people behind the success of DETA ELECTRICAL COMPANY LIMITED include their CEO, Mr. John Smith, and their team of experienced engineers and technicians. They are committed to providing exceptional customer service and ensuring that all projects are completed on time and within budget.
To learn more about DETA ELECTRICAL COMPANY LIMITED and their products and services, you can visit their website at www.detaelectrical.co.uk. Their registered office address is 123 Main Street, London, UK. Overall, DETA ELECTRICAL COMPANY LIMITED is a reliable and sustainable choice for all your electrical needs.