| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 45 | 25% | 61% | 14% | 75% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 36 | 40% | 57% | 3% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 08 Jan 2025 | 37 | 38% | 59% | 3% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 01 Jul 2024 | 40 | 35% | 54% | 11% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Mar 2024 | 49 | 35% | 55% | 10% | 55% |
| 01 Jan 2023 - 30 Jun 2023 | 03 Jul 2023 | 49 | 36% | 53% | 11% | 48% |
| 01 Jul 2022 - 31 Dec 2022 | 05 Jan 2023 | 44 | 35% | 60% | 6% | 49% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Jul 2022 | 49 | 35% | 55% | 10% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Jan 2022 | 39 | 39% | 57% | 4% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Aug 2021 | 37 | 38% | 57% | 4% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 36 | 44% | 49% | 6% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 06 Aug 2020 | 39 | 49% | 40% | 11% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 54 | 32% | 50% | 18% | 52% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 54 | 22% | 56% | 22% | 67% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 54 | 22% | 53% | 25% | 64% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 51 | 15% | 63% | 22% | 55% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Teledyne standard Terms are 60 Days and new suppliers are set to these terms. Many suppliers are on historical terms of 30 Days Month which meaning payment on the 30th of the month following the invoice date.
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
90
Depending on the issue: Delivery not received – proof of delivery requested and sent to Goods In to resolve. If proof of delivery cannot be provided a credit note will be requested. Difference in cost / quantity – sent to the relevant department to assist in resolution ar. No PO – Sent to department who placed the order to raise PO or approve. Unit of measure issue – send to buyer to establish who is at fault and to resolve.
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
QIOPTIQ LIMITED is a leading optical technology company providing innovative solutions for a wide range of industries. They are committed to sustainability and have a strong focus on creating products and services that have a positive impact on the environment.
Their sustainability program includes initiatives such as reducing energy consumption, using renewable energy sources, and implementing responsible waste management practices. They also prioritize ethical sourcing of materials and strive to minimize their carbon footprint in all aspects of their operations.
QIOPTIQ LIMITED offers a diverse range of products and services, including precision optics, opto-mechanical assemblies, and laser systems. These are used in various industries such as aerospace, defense, and healthcare. Their products are known for their high quality and reliability, and they have a strong reputation for delivering customized solutions to meet their clients' specific needs.
The company is led by a team of experienced and dedicated professionals, including engineers, scientists, and business leaders. They are committed to driving innovation and delivering exceptional results for their customers.
For more information on QIOPTIQ LIMITED and their products and services, visit their website at www.qioptiq.com. Their registered office address is 2-6 Sovereign Way, Tonbridge, Kent, TN9 1RH, United Kingdom.