| 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 2019 - 30 Jun 2019 | 29 Jul 2019 | 14 | 86% | 7% | 7% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 22 | 69% | 31% | 0% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 30 | 55% | 45% | 0% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 70 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
0
The business takes resolving disputes related to payment very seriously and looks into them on a case by case basis through our local sourcing manager
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
PLASTI-KOTE LIMITED is a UK-based company that specializes in the manufacture and distribution of spray paint and coatings. The company was founded in 1992 and is headquartered in Leicestershire, England.
The company offers a wide range of products including general-purpose spray paints, specialty coatings for wood, metal, and plastic surfaces, as well as automotive and industrial coatings. PLASTI-KOTE LIMITED is committed to sustainability and has a sustainability program that focuses on reducing their environmental impact through the use of eco-friendly materials and processes.
The key people at PLASTI-KOTE LIMITED include the Managing Director, Simon Hackett, and the Sales Director, Mark Bicknell. They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.
PLASTI-KOTE LIMITED has a user-friendly website (www.plasti-kote.co.uk) where customers can browse and purchase their products. The website also features information on their sustainability program and provides resources on how to properly dispose of their products to minimize environmental impact.
The registered office address for PLASTI-KOTE LIMITED is Unit 17, Sunningdale Road, Willow Farm Business Park, Castle Donington, Derbyshire, DE74 2PY. Customers can also contact the company via email (info@plasti-kote.co.uk) or phone (+44 (0)1332 813 645) for any inquiries or assistance.
In summary, PLASTI-KOTE LIMITED is a reputable company in the spray paint and coatings industry, known for its commitment to sustainability and high-quality products. Their key people and user-friendly website make it easy for customers to access their products and services.