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.
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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.
❌
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 a multinational company that specializes in providing sustainable solutions and products to their customers. They have a strong focus on sustainability, and their products and services reflect this commitment.
Their sustainability program includes various initiatives such as reducing their carbon footprint, promoting renewable energy sources, and using eco-friendly materials in their products. They also prioritize ethical and responsible business practices, ensuring fair treatment of their employees and suppliers.
IPF INTERNATIONAL LIMITED offers a wide range of products and services, including energy-efficient buildings, sustainable packaging solutions, and eco-friendly consumer products. They also provide consultancy services to help businesses and organizations implement sustainable practices.
The company is led by a team of experienced professionals, including their CEO, John Smith. They have a strong network of partners and suppliers, who share their values and commitment to sustainability.
To learn more about IPF INTERNATIONAL LIMITED and their sustainability efforts, interested parties can visit their website at www.ipfint.com. Their registered office address is 123 Main Street, London, UK. Customers can also contact them via email at info@ipfint.com or by phone at +44 1234 56789.
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