| 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 Jan 2019 - 30 Jun 2019 | 11 Oct 2019 | 32 | 69% | 27% | 3% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 33 | 75% | 19% | 6% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 29 | 81% | 17% | 2% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days based on receipt of a valid invoice
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
We provide suppliers with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. Details of the reasons for payment delay are communicated to the relevant suppliers.
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
SALMON LIMITED is an active private limited company, incorporated on 14 March 1989, based in the London region. Registered business activity: Advertising agencies.
From Companies House records.