| 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 2020 - 31 Dec 2020 | 27 Apr 2021 | 70 | 9% | 21% | 70% | 51% |
| 01 Jan 2020 - 30 Jun 2020 | 11 Aug 2020 | 74 | 11% | 24% | 65% | 96% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Feb 2020 | 71 | 12% | 26% | 62% | 87% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Aug 2019 | 65 | 15% | 21% | 64% | 56% |
| 01 Jul 2018 - 31 Dec 2018 | 14 Feb 2019 | 72 | 15% | 32% | 53% | 81% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 71 | 27% | 26% | 47% | 82% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Linx does not have standard terms. When a supplier is engaged payments are subject to negotiation. Linx is part of a large US corporation which uses common suppliers, so we are often able to leverage payment terms agreed with our parent company For large suppliers of raw materials who are often overseas suppliers we typically have terms of 60 to 90 days. With smaller suppliers and providers of labour services it is 30 days or less.
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
Linx purchasing department initially negotiates terms with suppliers and any subsequent negotiations or disputes
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Linx Printing Technologies Limited, based in St Ives, Cambridgeshire, designs and manufactures industrial coding and marking equipment used to print batch codes, expiry dates and barcodes onto products and packaging. Its range includes continuous inkjet printers, laser coders, thermal transfer overprinters and large character markers, along with associated inks and vision systems, serving industries such as food and beverage, pharmaceuticals, electronics and automotive. The company also develops its own printing fluids at its UK site. It forms part of the Veralto Group's Product Quality and Innovation segment, drawing on shared expertise and systems across the wider group, while manufacturing and selling its coding and marking products under the Linx brand to customers worldwide via distributors and partners.
Generated from the company's website and Companies House records. Sources: linxglobal.com · linxglobal.com