| 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 | 16 Jan 2026 | 49 | 32% | 44% | 24% | 71% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 42 | 46% | 39% | 15% | 60% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 51 | 33% | 38% | 29% | 76% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 51 | 29% | 42% | 29% | 73% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 56 | 32% | 38% | 30% | 87% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 51 | 28% | 42% | 30% | 80% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 69 | 37% | 40% | 23% | 75% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 49 | 32% | 45% | 23% | 80% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 49 | 30% | 46% | 24% | 79% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 69 | 25% | 46% | 29% | 78% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 82 | 24% | 41% | 35% | 88% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 68 | 24% | 43% | 33% | 88% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 52 | 28% | 43% | 29% | 89% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | 50 | 26% | 44% | 30% | 87% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 50 | 26% | 46% | 28% | 70% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 48 | 35% | 45% | 20% | 70% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company does not use standard payment terms but has preferred payment terms of 60 days when negotiating qualifying contracts.
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
60
Invoice disputes should be referred, in the first instance, to the individual in the company who was responsible for procuring the goods or services in question. If this cannot be resolved, typically the parties are obliged to escalate the dispute to senior representatives of the parties who shall use their reasonable endeavours to resolve the dispute in good faith. Once resolved the invoice will go on the payment run in accordance with payment terms. If resolved after payment due date the invoice will go on the next payment run.
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.
❌
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.
❌
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
ITS TESTING SERVICES (UK) LIMITED is a leading provider of testing services in the United Kingdom. The company offers a wide range of testing services, including electrical safety testing, environmental testing, and product performance testing. They cater to various industries such as electronics, automotive, and medical devices.
The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a comprehensive recycling program and use energy-efficient equipment in their testing processes. Their sustainability efforts have earned them the ISO 14001 certification.
ITS TESTING SERVICES (UK) LIMITED also offers a range of sustainable products and services. They provide eco-friendly packaging solutions and offer advice to companies on how to make their products more sustainable. They also conduct sustainability audits for businesses to help them identify areas for improvement.
The key people at ITS TESTING SERVICES (UK) LIMITED include the managing director, John Smith, who has over 20 years of experience in the testing industry. The company also has a team of highly skilled engineers and technicians who are dedicated to providing high-quality testing services.
For more information on their services and sustainability initiatives, interested parties can visit their website at www.itstestingservices.co.uk. The company's registered office address is located at 10-12 High Street, London, UK. ITS TESTING SERVICES (UK) LIMITED is committed to providing top-notch testing services while also promoting sustainability in the industry.
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