| 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 |
|---|---|---|---|---|---|---|
| 28 Jun 2021 - 26 Dec 2021 | 12 Jan 2022 | 61 | 13% | 30% | 57% | 81% |
| 28 Dec 2020 - 27 Jun 2021 | 26 Jul 2021 | 55 | 15% | 28% | 57% | 84% |
| 30 Jan 2019 - 27 Dec 2020 | 25 Jan 2021 | 50 | 21% | 29% | 50% | 73% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 50 | 21% | 30% | 49% | 75% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 58 | 12% | 22% | 66% | 87% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 59 | 11% | 19% | 70% | 89% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual length of time for payment of invoices is 60 days. Other payment terms exist for specific circumstances.
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
Investigated by purchase ledger team in conjunction with other business departments depending on nature of dispute.
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
IDEAL SHOPPING DIRECT LIMITED is a UK based company that operates in the retail industry. The company is known for its innovative and sustainable approach towards shopping. It offers a wide range of products and services to its customers through its various channels like TV shopping, online shopping, and catalogues.
The company prides itself on its sustainability program which focuses on reducing its environmental impact. This includes using eco-friendly packaging, promoting recycling, and sourcing products from sustainable suppliers. IDEAL SHOPPING DIRECT LIMITED also supports various charitable organizations and initiatives to give back to the community.
The company's main products and services include home and kitchen appliances, beauty and health products, fashion and accessories, as well as home and garden essentials. These products are carefully selected to meet the needs and preferences of its diverse customer base.
The key people behind IDEAL SHOPPING DIRECT LIMITED are its CEO, Steve Caunce, and its Managing Director, Peter Langley. They have a strong vision for the company and are dedicated to providing quality products and services to their customers.
To contact IDEAL SHOPPING DIRECT LIMITED, customers can visit their website at www.idealshoppingdirect.co.uk or reach out to their registered office at Ideal Home House, Newark Road, Peterborough, PE1 5WG. Overall, IDEAL SHOPPING DIRECT LIMITED is a leading retail company that not only provides a convenient shopping experience but also strives to make a positive impact on the environment and community.