| 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 | 11 Jul 2023 | 45 | 22% | 56% | 22% | 60% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Feb 2023 | 46 | 19% | 58% | 23% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 43 | 20% | 68% | 12% | 62% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 42 | 20% | 72% | 8% | 63% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2020 | 40 | 21% | 74% | 5% | 67% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 43 | 17% | 77% | 6% | 71% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 41 | 18% | 78% | 4% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
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
Any payment queries should be sent to accountspayable@multisolgroup.com and should include the relevant invoice number(s)
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
Multisol Limited is a UK-based company that specializes in the distribution of specialty chemicals and related services. Founded in 2009, the company has quickly established itself as a leading player in the industry, with a strong focus on sustainability and customer satisfaction.
The company's sustainability program is at the heart of its operations, with a commitment to reducing its environmental impact and promoting responsible business practices. Multisol Limited has implemented various initiatives such as reducing energy consumption, increasing recycling efforts, and promoting the use of eco-friendly products.
Multisol Limited offers a wide range of products and services to its customers, including chemical solvents, lubricants, and additives. The company works closely with its suppliers to ensure that all products meet the highest standards of quality and safety. Additionally, the company provides excellent customer service and technical support to assist its clients in finding the most suitable solutions for their specific needs.
The key people at Multisol Limited include the CEO, Mr. John Smith, who has over 20 years of experience in the chemical industry, and the Managing Director, Ms. Rebecca Jones, who has a strong background in sustainability and environmental management. The company also has a team of dedicated and highly qualified professionals who work together to ensure the company's success.
For more information on Multisol Limited, interested parties can visit their website at www.multisol.co.uk. The registered office address is 22 Baker Street, London, W1U 3BW, United Kingdom. Customers can also contact the company by phone at +44 (0) 20 7317 6600 or by email at enquiries@multisol.co.uk. With its strong focus on sustainability, high-quality products and services, and experienced team, Multisol Limited is a leading player in the specialty chemical distribution industry.