Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2023 - 31 Dec 2023 | 21 May 2024 | 51 | 12% | 72% | 14% | 55% |
| 01 Jan 2023 - 30 Jun 2023 | 21 May 2024 | 29 | 12% | 61% | 25% | 59% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 52 | 12% | 65% | 23% | 73% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jan 2020 | 53 | 15% | 60% | 25% | 71% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 45 | 34% | 45% | 21% | 77% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Material parts and services provided are on a standard period of 30 days of the month following. Wholegoods (vehicles and machinery) stock terms differ by product and seasonality which can be from 30 days of the month following to 365 days based on the following criteria: Retailed goods - 30 day of the month following terms. Seasonal stock - 90-180 day terms. On occasion stock can be purchased on 365 day terms on agreement with supplier. Seasonal stock and 365 day term stock is on a pay when sold basis.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The figure of 77% for payments due in the reporting period which have not been paid within the agreed period is misleading due to the following: As the majority of our invoices (not values) are on 30 day month following terms and our supplier accounts term are setup as 28 days month following to account for the leap year the reporting programme flags these as late payments. In addition the majority of our wholegoods stocking payments are made by Direct Debit from the supplier therefore these are never late. In the light of this report we are amending our recording if necessary and we should see an improvement in their accuracy.
Maximum contractual payment period agreed
365
Dedicated manageress responsible for handling disputes and taken to the Director responsible when required
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
LISTER WILDER LIMITED is an active private limited company, incorporated on 28 November 1985, based in the South East region. Registered business activity: Other retail sale not in stores, stalls or markets.
From Companies House records.