The average time taken for EPSON TELFORD LIMITED to pay invoices has increased over the past three periods, with a slight decrease in the most recent period. The percentage of invoices paid within 30 days has decreased steadily, while the percentage of invoices paid between 31 and 60 days has increased. The percentage of invoices paid later than 60 days has remained relatively stable.
The volatility in EPSON TELFORD LIMITED's payment time has been relatively low, with only a 2-day difference between the shortest and longest standard payment period.
From Apr 2019 to Sep 2019, EPSON TELFORD LIMITED's average time to pay invoices was 52 days. The percentage of invoices paid within 30 days was 71%, which decreased from the previous period. The percentage of invoices paid between 31 and 60 days was 20%, which increased from the previous period. The percentage of invoices paid later than 60 days was 9%, which remained stable. The shortest (or only) standard payment period was 30 days.
| 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 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 52 | 71% | 20% | 9% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 / 60 days end of month Terms are set by Epson Telford Limited
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
Invoices are disputed with vendor via email before payment is due unless vendor provides specific instructions
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
Epson Telford Limited is registered in Telford, Shropshire, and its stated business activity is the manufacture of computers and peripheral equipment. It forms part of the Epson group, whose UK operation trades as Epson UK and is described on its own website as a subsidiary of Seiko Epson Corporation, a Japanese-founded global manufacturer. The wider group designs and sells printers, projectors, scanners and related consumables and accessories, including inkjet and EcoTank ink tank printers, business and label printers, and home and business projectors, alongside ink subscription and support services. Group-level figures cited include multi-billion euro revenue and tens of thousands of employees worldwide. The entity's own role is as part of this UK arm of the wider Epson manufacturing group.
Generated from the company's website and Companies House records. Sources: epson.co.uk · epson.co.uk