| 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 Apr 2024 - 30 Sept 2024 | 20 Nov 2024 | 48 | 21% | 68% | 11% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 28 May 2024 | 50 | 20% | 68% | 12% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 50 | 5% | 86% | 9% | 6% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 48 | 3% | 87% | 10% | 5% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 44 | 5% | 90% | 5% | 4% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 45 | 4% | 91% | 5% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 44 | 5% | 90% | 5% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard contracted payment terms are end of following month of invoice.
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
61
All disputes are dealt with as quickly as possible by the Finance department. Principal contacts during this period are Head of Finance & Financial Controller. We aim to resolve all disputes in a timely manner.
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
Ifor Williams Trailers Limited is a long-established manufacturer based in Wales, registered as an active company since 1975. Its classified activities cover the manufacture of trailers and semi-trailers, treatment and coating of metals, and production of agricultural and forestry machinery other than tractors, alongside acting as an agent for the sale of machinery and industrial equipment. The company's products are sold through a network of independent distributors, such as one Northern Irish dealer that has supplied Ifor Williams trailers to customers for over fifty years, offering new and used stock plus maintenance and delivery services. This distributor network extends the company's reach across Ireland and beyond.
Generated from the company's website and Companies House records. Sources: lamonttrailers.com