Industry ranking
Score of 86.3/100 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 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 24 | 84% | 11% | 5% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 28 | 66% | 29% | 6% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 22 | 83% | 16% | 1% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 23 | 82% | 14% | 4% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 24 | 79% | 19% | 2% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 27 | 61% | 35% | 4% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 30 | 53% | 42% | 5% | 47% |
| 01 Aug 2019 - 31 Dec 2019 | 30 Jan 2020 | 30 | 57% | 39% | 4% | 43% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 40 | 43% | 47% | 10% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 36 | 46% | 44% | 9% | 53% |
| 01 Jan 2018 - 30 Jun 2018 | 16 Jul 2018 | 47 | 36% | 37% | 27% | 62% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
N/A
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Purchase ledger will seek approval from the procurer of the goods/services before payment is made. If approval is not provided then Purchase ledger will notify the supplier. The procurer will liaise with the supplier until an agreement for payment is reached. Purchase ledger will track the progress of the dispute and make payment when the query is resolved.
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.
❌
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
IPF International Limited is registered in Leeds and classified under other business support service activities. It forms part of the International Personal Finance (IPF) group, a global financial services business that provides unsecured, affordable credit and value insurance products to customers often excluded by other lenders. The wider group describes itself as helping people access regulated credit and plan financially, operating across various international markets with an emphasis on responsible lending. Recent group news confirms that US-based BasePoint Capital LLC has completed its acquisition of International Personal Finance PLC. As a company within this structure, IPF International Limited supports the group's operations rather than trading directly with consumers itself.
Generated from the company's website and Companies House records. Sources: ipfin.co.uk