| 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 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 24 | 67% | 28% | 5% | 89% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 38 | 51% | 37% | 12% | 93% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 32 | 42% | 49% | 9% | 96% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 37 | 58% | 26% | 16% | 95% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 59 | 47% | 34% | 19% | 96% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 53 | 48% | 30% | 22% | 97% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 41 | 53% | 30% | 17% | 100% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 43 | 52% | 26% | 22% | 99% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 38 | 59% | 23% | 18% | 99% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 36 | 65% | 20% | 15% | 99% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company aims to pay in line with the terms agreed with suppliers. Where no agreement exists, the company will pay suppliers 30 days after the invoice date, provided the supplier sends an accurate invoice which quotes the correct purchase order or cost centre number.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company raises payment instructions in line with the agreed payment terms, which make no allowance for fund transmission times. The funds are available to suppliers between 1 and 5 days after the payment terms date depending upon the method of transmission.
Maximum contractual payment period agreed
74
Where non-payment is caused by invoicing inaccuracy due to incorrect pricing/quantities or the quality of goods or services provided, the person responsible for the purchase will dispute the invoice by placing it on hold. Invoices that are subject to a dispute will not be paid until the issue is resolved. Suppliers are informed of held items. Once resolved, payment will be made in accordance with the terms of the contract, unless the invoice is overdue where it will be paid in the next available payment run.
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
TRAVIS PERKINS PLC is a British building materials supplier and home improvement retailer. The company operates over 2,000 stores across the UK, including well-known brands such as Travis Perkins, Wickes, and Toolstation.
The company's sustainability program focuses on reducing their environmental impact and promoting social responsibility. This includes initiatives such as reducing carbon emissions, promoting sustainable sourcing and recycling, and supporting local communities.
Their products and services range from building materials such as timber, bricks, and plumbing supplies, to home improvement products and tools. They also offer kitchen and bathroom design and installation services through their Wickes brand.
TRAVIS PERKINS PLC is led by CEO Nick Roberts, who has over 25 years of experience in the construction and home improvement industry. The company's registered office is located in Northampton, UK.
For more information on their products and services, customers can visit their website at www.travisperkinsplc.co.uk. The website also includes information on their sustainability efforts and contact information for inquiries or complaints. With a commitment to sustainability and a wide range of products and services, TRAVIS PERKINS PLC continues to be a leading supplier in the UK building and home improvement industry.