The average time taken by H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED to pay invoices has increased from 32 days in Aug 2022-Jan 2023 to 36 days in Aug 2023-Jan 2024.
The volatility in the percentage of invoices paid within 30 days has decreased from 54% in Aug 2022-Jan 2023 to 49% in Aug 2023-Jan 2024.
On average, H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED takes 32-36 days to pay invoices. The percentage of invoices paid within 30 days has decreased from 54% to 49% over the past three periods. The highest percentage of invoices paid later than 60 days was 4% in Aug 2023-Jan 2024, which is an increase from 2% in the previous two periods.
| 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 Aug 2025 - 31 Jan 2026 | 27 Feb 2026 | 35 | 44% | 54% | 2% | 3% |
| 01 Feb 2025 - 31 Jul 2025 | 02 Sept 2025 | 31 | 54% | 45% | 1% | 6% |
| 01 Aug 2024 - 31 Jan 2025 | 12 Mar 2025 | 33 | 49% | 50% | 1% | 4% |
| 01 Feb 2024 - 31 Jul 2024 | 08 Oct 2024 | 33 | 46% | 52% | 2% | 7% |
| 01 Aug 2023 - 31 Jan 2024 | 07 Mar 2024 | 33 | 51% | 47% | 2% | 7% |
| 01 Feb 2023 - 31 Jul 2023 | 06 Sept 2023 | 32 | 52% | 46% | 2% | 13% |
| 01 Aug 2022 - 31 Jan 2023 | 05 Apr 2023 | 32 | 54% | 44% | 2% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Suppliers are paid 30 days end of month for correctly prepared, accurate and adequately supported invoices.
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
The business aims to resolve disputes through effective dialogue with the relevant suppliers. The Procurement and Commercial team try to resolve disputes at the earliest possible opportunity.
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
H.W. Martin (Traffic Management) Limited is a private limited company registered in Derbyshire, incorporated in 1988 and still active. Its Companies House record lists its nature of business as other specialised construction activities not elsewhere classified, and its name indicates it operates within the traffic management field, likely supporting roadworks, construction sites and highway safety schemes. No further detail on its specific services, client base or trading history is available from the supplied evidence. The company is registered at an address in Blackwell, Alfreton, and files standard annual accounts and confirmation statements with Companies House.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk