Score of 89.77/100 qualifies for PaymentCheck Certification
POST OFFICE LIMITED demonstrates a strong trend of prompt payments, with 95% of invoices settled within 30 days, indicating consistent adherence to short payment cycles. While the average payment time is 34 days, this is influenced by a small percentage (5%) extending beyond 30 days, with minimal instances (1%) exceeding 60 days.
The company exhibits high reliability and predictability for the vast majority of payments, with a low "late" rate of 5% overall. Only 1% of payments extend beyond 60 days, suggesting a very low risk of significant payment delays and ensuring a predictable cash flow for suppliers.
Based on the data, POST OFFICE LIMITED is a highly reliable payer, making them a favorable partner for suppliers seeking predictable payment cycles. Suppliers can expect prompt payment for the vast majority of invoices, with minimal risk of extended delays, negating the need for specific risk mitigation strategies beyond standard terms.
| 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 |
|---|---|---|---|---|---|---|
| 31 Mar 2025 - 29 Sept 2025 | 24 Oct 2025 | 34 | 95% | 4% | 1% | 5% |
| 01 Oct 2024 - 30 Mar 2025 | 29 Apr 2025 | 32 | 96% | 3% | 1% | 4% |
| 01 Apr 2024 - 30 Sept 2024 | 18 Oct 2024 | 30 | 95% | 4% | 1% | 5% |
| 27 Sept 2023 - 31 Mar 2024 | 30 Apr 2024 | 31 | 95% | 3% | 2% | 5% |
| 27 Mar 2023 - 26 Sept 2023 | 12 Oct 2023 | 32 | 95% | 4% | 1% | 5% |
| 28 Sept 2022 - 26 Mar 2023 | 06 Apr 2023 | 31 | 93% | 4% | 3% | 7% |
| 28 Mar 2022 - 27 Sept 2022 | 14 Oct 2022 | 32 | 94% | 4% | 2% | 6% |
| 29 Sept 2021 - 27 Mar 2022 | 25 Apr 2022 | 30 | 94% | 4% | 2% | 6% |
| 29 Mar 2021 - 28 Sept 2021 | 19 Oct 2021 | 28 | 96% | 3% | 1% | 0% |
| 30 Sept 2020 - 28 Mar 2021 | 21 Apr 2021 | 29 | 95% | 5% | 0% | 0% |
| 30 Mar 2020 - 29 Sept 2020 | 19 Oct 2020 | 32 | 85% | 10% | 5% | 0% |
| 01 Oct 2019 - 29 Mar 2020 | 22 Apr 2020 | 31 | 92% | 6% | 2% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 23 Oct 2019 | 30 | 94% | 4% | 2% | 0% |
| 24 Sept 2018 - 31 Mar 2019 | 30 Apr 2019 | 28 | 97% | 1% | 2% | 0% |
| 26 Mar 2018 - 23 Sept 2018 | 30 Oct 2018 | 28 | 96% | 3% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms range from immediate payment to 30 days
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
30
It is the responsibility of the individual receiving the goods/services to raise and resolve the dispute direct with the supplier. The individual raising the dispute should also inform the Accounts Payable team that: a dispute is in action, provide a supplier contact name and an estimated resolution date.
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
POST OFFICE LIMITED is an active private limited company. It operates under the well-recognised 'Post Office' brand, providing essential postal and related services.
The company was incorporated on 13 August 1987 under company number 02154540. Its registered office is located in London at 100 Wood Street, London, United Kingdom, EC2V 7ER.
As a Post Office entity in the UK market, the organisation typically facilitates a broad range of services. These commonly encompass postal services, banking transactions, bill payments, and foreign currency exchange.