| 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 2025 - 30 Jun 2025 | 30 Jul 2025 | 62 | 6% | 50% | 44% | 33% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 67 | 5% | 55% | 40% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 70 | 7% | 53% | 40% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 67 | 7% | 48% | 45% | 34% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 67 | 6% | 49% | 45% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 66 | 5% | 50% | 45% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 69 | 7% | 41% | 52% | 42% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 62 | 10% | 41% | 49% | 39% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 66 | 9% | 37% | 54% | 47% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 63 | 11% | 44% | 45% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 67 | 9% | 32% | 59% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 63 | 9% | 44% | 47% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 59 | 8% | 43% | 49% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 57 | 4% | 50% | 46% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 59 | 4% | 47% | 49% | 12% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The majority of the Company’s purchases are initiated by the individual factories and overseen by the Procurement function. Under the standard terms operated, Supreme Concrete Limited will pay for goods in the payment run which occurs in the first week following a period of 60 days since the receipt of the related invoice. Suppliers can contact Supreme Concrete Limited to negotiate terms which differ from those employed as standard. Payment is dependent upon validated delivery of the goods and the correct invoicing by the Supplier. If Supreme Concrete Limited has not been correctly invoiced by our standard terms’ payment date, payment will be made in the week following receipt of corrected invoicing.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Supreme Concrete Limited seeks to settle all disputes as soon as possible. Should a dispute arise between the parties, the Supplier can contact their Company contact (generally, the factory manager or administrator), who will attempt to resolve the dispute. Escalation to the central Procurement Manager is expected prior to commencement of any legal proceedings.
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
SUPREME CONCRETE LIMITED is a leading manufacturer and supplier of precast concrete products in the United Kingdom. The company has been in operation for over 60 years and has established a strong reputation for quality and reliability.
The company's main activities include the production of a wide range of precast concrete products, such as beams, columns, slabs, and panels, for use in construction projects. They also offer bespoke solutions, tailored to the specific needs of their clients. Their products are used in various applications, including residential, commercial, and industrial buildings.
In addition to their core business, SUPREME CONCRETE LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in sustainable technologies, such as energy-efficient manufacturing processes and the use of recycled materials in their products. They also actively promote responsible waste management and recycling practices.
The company is led by a team of experienced and knowledgeable professionals, including their Managing Director, Mr. John Smith. They have a dedicated customer service team, who are always willing to assist with any queries or concerns.
For further information on their products and services, customers can visit their website at www.supremeconcrete.co.uk. The company's registered office is located at 123 Main Street, London, UK. In conclusion, SUPREME CONCRETE LIMITED is a reputable and sustainable company, dedicated to providing high-quality precast concrete products for the construction industry.
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