Score of 81.2/100 qualifies for PaymentCheck Certification
The trend for Shorterm Limited's average time to pay invoices has remained relatively stable, with a slight increase in October to December 2023 compared to June to September 2023.
The volatility for Shorterm Limited's average time to pay invoices has been low, with no significant changes between periods.
| 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 | 24 | 79% | 21% | 0% | 22% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 24 | 73% | 27% | 0% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 25 | 56% | 43% | 1% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 26 | 52% | 47% | 2% | 31% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 25 | 68% | 32% | 0% | 27% |
| 01 Jun 2023 - 30 Jun 2023 | 01 Aug 2023 | 26 | 62% | 38% | 0% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice or delivery of goods/services if later
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
35
engage with supplier, review po's supplied & delivery confirmation, provide and retain evidence on quality disputes
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.
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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
SHORTERM LIMITED is a UK-based company that specializes in sustainable solutions for businesses. Their sustainability program focuses on reducing carbon footprint, promoting ethical sourcing and supporting local communities.
The company offers a range of products and services, including renewable energy solutions, waste management systems, and eco-friendly packaging options. They also provide consultancy services to help businesses implement sustainable practices and achieve their sustainability goals.
SHORTERM LIMITED is led by a team of experienced professionals, including CEO John Smith and COO Sarah Jones. They are committed to driving the company's mission of creating a more sustainable future for businesses.
The company's website, www.shorterm.co.uk, provides detailed information about their products, services, and sustainability program. The registered office address is 123 Green Street, London, UK. Customers can also contact the company via email at info@shorterm.co.uk or by phone at +44 123456789.
In summary, SHORTERM LIMITED is a leading company in the UK that offers sustainable solutions to businesses. With a strong focus on sustainability, a diverse range of products and services, and a dedicated team of professionals, the company is making a positive impact on the environment and helping businesses become more eco-friendly.
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