| 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 | 16 Dec 2024 | 42 | 21% | 34% | 45% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Aug 2024 | 59 | 19% | 34% | 47% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Nov 2023 | 43 | 23% | 30% | 47% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jan 2023 | 55 | 21% | 32% | 47% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2023 | 63 | 24% | 29% | 47% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Feb 2022 | 70 | 13% | 31% | 56% | 17% |
| 01 Jan 2020 - 31 Dec 2020 | 22 Mar 2021 | 70 | 15% | 33% | 52% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days EOM
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
120
if there is a dispute we request a credit note, if one is not received before payment is due we raise a debit note rather than not pay the invoice
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
Altecnic Limited is a Staffordshire-based company registered under SIC code 46740, wholesale of hardware, plumbing and heating equipment and supplies. It operates within the heating, ventilation, air conditioning and mechanical and electrical systems industry, supplying such equipment to trade customers. The company has been active since incorporation in January 1987 and continues to file accounts and confirmation statements with Companies House, most recently relocating its registered office within Stafford in 2025. No further detail on specific product lines, customer base or corporate group structure is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk