Score of 100/100 qualifies for PaymentCheck Certification
| 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 - 31 Dec 2023 | 30 Apr 2024 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 31 Dec 2018 | 09 Dec 2019 | 5 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Direct Debit or 30 Days
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
30
We consider any complaints instantly
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
Derek Raphael & Company Limited is a UK company registered in Cirencester, active since 1973. Its registered business classification is wholesale of metals and metal ores, indicating it trades in non-precious metals, steel and other alloys rather than manufacturing them. The available evidence is limited to Companies House filing records, which confirm its incorporation date, registered office and officer history, but do not provide further detail on trading operations, customers or scale of activity. No additional descriptive material from the company's own website or independent sources has been supplied to expand on its specific commercial activities beyond this SIC classification.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk