| 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.
❌
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 is a leading manufacturer of coding and marking solutions for various industries. The company was founded in 1987 and is headquartered in St. Ives, Cambridgeshire, United Kingdom.
The company offers a wide range of products and services, including small character inkjet printers, laser coders, thermal transfer printers, and label printers. These solutions are used for printing batch numbers, expiration dates, and other important information on products and packaging.
LINX PRINTING TECHNOLOGIES LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using eco-friendly materials in their products, minimizing waste and energy consumption, and promoting recycling and responsible disposal practices.
The key people at LINX PRINTING TECHNOLOGIES LIMITED include Tony Jones, the Managing Director, and Andy Willis, the Sales and Marketing Director. They are supported by a team of experienced engineers and technicians who provide excellent customer service and support.
The company has a global presence, with offices and distributors in over 100 countries. Their website, www.linxglobal.com, provides detailed information about their products, services, and sustainability efforts. The registered office address is Linx Printing Technologies Ltd, Burrel Road, St. Ives, Cambridgeshire PE27 3LA, United Kingdom.
In summary, LINX PRINTING TECHNOLOGIES LIMITED is a reputable company that offers sustainable coding and marking solutions to various industries. With a commitment to innovation, quality, and sustainability, they continue to be a leader in the printing technology industry.
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