The average time taken for NATL. AMUSEMENTS (UK) LIMITED to pay invoices has increased from 38 days in Jan 2018 to 42 days in Jul 2018.
The percentage of invoices paid within 30 days has decreased from 40% in Jan 2018 to 33.3% in Jul 2018, while the percentage of invoices paid between 31 and 60 days has increased from 53% to 60% in the same period. This shows a trend of delayed payment for NATL. AMUSEMENTS (UK) LIMITED.
| 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 |
|---|---|---|---|---|---|---|
| 05 Jan 2018 - 05 Jul 2018 | 06 Aug 2018 | 38 | 40% | 53% | 7% | 69% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are between immediate and 45 days. Suppliers are paid weekly for invoices due for payment up to payment date.
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
1825
Disputes are resolved in a timely manner through discussion with the relevant supplier. Once resolved, invoices go forward for payment in accordance with the normal supplier terms.
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
NATL. AMUSEMENTS (UK) LIMITED is an active private limited company, incorporated on 18 June 1987, based in the East Midlands region. Registered business activity: Motion picture projection activities.
From Companies House records.