KIN AND CARTA UK LIMITED maintains an average payment time of 27 days, which sits comfortably within the 30-day threshold on average. However, the payment distribution reveals a significant split, with 52% of invoices paid within 30 days and 47% falling into the 31-60 day bracket, indicating inconsistent payment behaviour rather than a stable, predictable pattern. The minimal 1% of payments exceeding 60 days suggests that while delays occur, they rarely become severely extended.
The 47% late payment rate is a considerable reliability concern, meaning nearly half of all invoices are not settled within agreed terms, despite the average payment time appearing acceptable at 27 days. This divergence between the average and the late payment rate suggests that a proportion of invoices are paid very quickly, which pulls the average down and masks the true frequency of delays. Suppliers should treat this account as moderately unpredictable, as there is close to a 50/50 chance of any given invoice being paid late.
KIN AND CARTA UK LIMITED presents a moderate payment risk profile; while catastrophic delays beyond 60 days are rare, the near-equal split between on-time and late payments makes cash flow planning challenging for suppliers. Businesses with tight liquidity requirements or short payment term dependencies should factor in potential 31-60 day settlement delays as a realistic baseline scenario. Risk mitigation measures such as requesting upfront deposits, shorter agreed payment terms to offset expected delays, or clearly defined late payment penalty clauses are advisable before extending credit.
| 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 Aug 2024 - 31 Dec 2024 | 30 Jan 2025 | 27 | 52% | 47% | 1% | 47% |
| 01 Feb 2024 - 31 Jul 2024 | 30 Aug 2024 | 27 | 54% | 45% | 1% | 49% |
| 01 Aug 2023 - 31 Jan 2024 | 26 Feb 2024 | 30 | 57% | 42% | 1% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are End of the month following the month in which the invoice is issued. This is included in the New supplier form that is provided to each new vendor for signature. In some cases different payment terms could be agreed with suppliers. They could vary between 0 and 60 days.
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
1. The party wishing to commence dispute proceedings to notify other party's Project Contact of the existence of a dispute. 2. Within 10 business days, both parties shall meet to discuss / attempt to resolve. 3. If unable to resolve within 10 business days, the relevant executive of each party shall be notified and shall meet within 10 business days following the initial executive escalation. 4. If still unresolved within 30 business days, parties can consider mediation (in accordance with the International Chamber of Commerce Mediation Rules). 5. If still unresolved, parties shall use arbitration (conducted by a sole arbitrator under the Rules of Arbitration of the International Chamber of Commerce) - any arbitration award shall be final Note - not all suppliers have this provision agreed as it depends on the extent of contract negotiations etc. A starting point for all supplier queries is to send an email to our accounts payable team on kincarta-ap.uk@valtech.com
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
KIN AND CARTA UK LIMITED is a private limited company registered in the United Kingdom. The company is currently in liquidation, with Grant Thornton UK Advisory & Tax LLP appointed to oversee proceedings at their offices at 11th Floor, Landmark St Peter's Square, 1 Oxford Street, Manchester, M1 4PB.
The company was incorporated on 21 March 1985 and holds company registration number 01897720 with Companies House. Having traded for a substantial period, the business is now subject to formal liquidation proceedings managed through the registered office address in Manchester.
Private limited companies of this nature operating in the UK digital and technology consulting sector provide services such as digital transformation, technology strategy, and innovation consulting to corporate clients. Such organisations typically work with businesses seeking to modernise their operations and develop their digital capabilities across a range of industries.
As the company is presently in liquidation, its trading activities have ceased or are in the process of being wound down. All formal correspondence and administrative matters relating to KIN AND CARTA UK LIMITED are handled through Grant Thornton UK Advisory & Tax LLP at the registered Manchester address.