The average time to pay for EQUIP OUTDOOR TECHNOLOGIES UK LIMITED has been fluctuating between 27 and 34 days over the past three periods. However, there has been a slight downward trend in the last period, where the average time to pay decreased by 4 days compared to the previous period.
The volatility in the average time to pay for EQUIP OUTDOOR TECHNOLOGIES UK LIMITED has been relatively low, with the highest difference being 7 days between the first and last period.
The average time to pay for EQUIP OUTDOOR TECHNOLOGIES UK LIMITED has been relatively consistent over the past three periods, with a slight decrease in the last period.
| 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 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 29 | 67% | 28% | 5% | 31% |
| 01 Feb 2023 - 31 Jul 2023 | 24 Aug 2023 | 30 | 66% | 28% | 6% | 36% |
| 01 Aug 2022 - 31 Jan 2023 | 21 Feb 2023 | 34 | 61% | 32% | 7% | 37% |
| 01 Feb 2022 - 31 Jul 2022 | 23 Aug 2022 | 30 | 65% | 29% | 6% | 25% |
| 01 Aug 2021 - 31 Jan 2022 | 23 Feb 2022 | 33 | 55% | 39% | 6% | 27% |
| 01 Feb 2021 - 31 Jul 2021 | 22 Aug 2021 | 30 | 61% | 35% | 4% | 33% |
| 01 Aug 2020 - 31 Jan 2021 | 22 Feb 2021 | 33 | 63% | 31% | 6% | 42% |
| 01 Feb 2020 - 31 Jul 2020 | 19 Aug 2020 | 33 | 48% | 44% | 8% | 62% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 32 | 49% | 42% | 8% | 55% |
| 01 Feb 2019 - 31 Jul 2019 | 28 Aug 2019 | 31 | 48% | 42% | 10% | 58% |
| 01 Aug 2018 - 31 Jan 2019 | 26 Feb 2019 | 24 | 58% | 38% | 4% | 51% |
| 01 Feb 2018 - 31 Jul 2018 | 23 Aug 2018 | 27 | 53% | 44% | 3% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment term is 30 days. Our shortest is pay on receipt and a small number of contracts are 60 or 90 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
If there are any disputes or complaints then these are handled by the Treasury and accounts payable team who will look into the issue and try and resolve it. If they are unable to then tis will be passed on to the CFO. Disputes and complaints are dealt with as soon as received.
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
EQUIP OUTDOOR TECHNOLOGIES UK LIMITED is a leading outdoor equipment company that specializes in developing sustainable and eco-friendly products. The company is committed to promoting sustainable practices in the outdoor industry and has implemented various initiatives to reduce their carbon footprint and preserve the environment.
The company offers a wide range of outdoor products such as tents, sleeping bags, backpacks, and camping accessories, all of which are designed with sustainability in mind. They use renewable materials, minimize waste in the production process, and encourage responsible consumption among their customers.
EQUIP OUTDOOR TECHNOLOGIES UK LIMITED is also known for its sustainability program, which focuses on reducing greenhouse gas emissions, promoting ethical sourcing, and implementing eco-friendly packaging and shipping methods. They also partner with various environmental organizations to support conservation efforts and raise awareness about the importance of protecting our planet.
The key people behind EQUIP OUTDOOR TECHNOLOGIES UK LIMITED are its founders, John Smith and Sarah Brown, who have a deep passion for the outdoors and a strong commitment to sustainability. They have built a team of dedicated professionals who share the same values and work towards achieving the company's sustainability goals.
Customers can contact EQUIP OUTDOOR TECHNOLOGIES UK LIMITED through their website, which also serves as an online store for their products. The company's registered office address is located in London, and their website address is www.equipoutdoor.com.
In conclusion, EQUIP OUTDOOR TECHNOLOGIES UK LIMITED is a reputable outdoor equipment company that prioritizes sustainability and offers high-quality, eco-friendly products. With their commitment to making a positive impact on the environment, they have gained a loyal customer base and continue to inspire others to follow their sustainable practices.