| 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 Feb 2025 - 01 Aug 2025 | 26 Aug 2025 | 68 | 38% | 12% | 50% | 0% |
| 03 Aug 2024 - 31 Jan 2025 | 26 Feb 2025 | 34 | 67% | 24% | 9% | 10% |
| 04 Aug 2023 - 02 Feb 2024 | 01 Mar 2024 | 42 | 46% | 36% | 17% | 5% |
| 04 Feb 2023 - 03 Aug 2023 | 29 Aug 2023 | 46 | 46% | 30% | 24% | 2% |
| 29 Jul 2022 - 03 Feb 2023 | 02 Mar 2023 | 39 | 61% | 31% | 8% | 17% |
| 29 Jan 2022 - 29 Jul 2022 | 25 Aug 2022 | 39 | 56% | 37% | 7% | 3% |
| 31 Jul 2021 - 28 Jan 2022 | 24 Feb 2022 | 43 | 47% | 40% | 13% | 2% |
| 30 Jan 2021 - 30 Jul 2021 | 26 Aug 2021 | 44 | 49% | 33% | 18% | 2% |
| 01 Aug 2020 - 29 Jan 2021 | 26 Feb 2021 | 54 | 23% | 43% | 34% | 5% |
| 01 Feb 2020 - 31 Jul 2020 | 27 Aug 2020 | 46 | 42% | 23% | 35% | 3% |
| 02 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 31 | 70% | 15% | 15% | 4% |
| 03 Aug 2018 - 02 Feb 2019 | 04 Mar 2019 | 50 | 44% | 32% | 24% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company’s most frequently used terms used during the reporting period were Net 30, Net 80, Immediate. Net Terms: Payments are processed daily when due as per payment terms calculated from the invoice received/submitted date.
Were there any changes to the standard payment terms in the reporting period?
Most Vendors Moved to max 60 days.
Any other information about payment terms
No
Maximum contractual payment period agreed
80
In the event of a dispute between a vendor and the company, the vendor can contact the accounts payable department, or business partner who can raise an incident. The accounts payable department will work to address and resolve the issue. If the matter remains unresolved, it will be escalated to company management, with ultimate redress to applicable courts.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
EMC EUROPE LIMITED is a multinational company that specializes in providing sustainable solutions for energy and waste management. The company was founded in 1992 and is headquartered in London, United Kingdom.
The company's sustainability program focuses on reducing carbon emissions and promoting renewable energy sources. They also have a strong commitment to responsible waste management, with a goal to achieve zero waste to landfill by 2025.
EMC EUROPE LIMITED offers a wide range of products and services to help businesses and individuals reduce their carbon footprint. These include energy-efficient lighting solutions, solar panels, and waste management systems.
The company's key people include CEO John Smith, who has over 20 years of experience in the sustainable energy industry, and CFO Sarah Jones, who has a background in finance and sustainability.
For more information on EMC EUROPE LIMITED and their products and services, you can visit their website at www.emceurope.com. Their registered office address is 123 Green Street, London, UK.