Score of 87.2/100 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 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 27 | 93% | 4% | 4% | 24% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 26 | 94% | 3% | 2% | 31% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 28 | 91% | 6% | 3% | 25% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 28 | 68% | 29% | 3% | 40% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days unless specified in the 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
90
Any complaint is raised by the vendor to Nikon UK Limited by e-mail (finance.uk@nikon.com) or by telephone (020 8541 4440 - Finance department). Complaints are dealt with as soon as possible by providing vendor the requested information/clarification or by paying within terms for missed payments.
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
NIKON UK LIMITED is a converted / closed converted/closed company, incorporated on 17 September 1979, based in the London region. Registered business activity: Wholesale of household goods (other than musical instruments) not elsewhere classified.
From Companies House records.