| 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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 61 | 14% | 27% | 59% | 11% |
| 01 Oct 2024 - 31 Mar 2025 | 08 Apr 2025 | 64 | 13% | 25% | 62% | 12% |
| 01 Oct 2023 - 31 Mar 2024 | 16 Apr 2024 | 61 | 15% | 23% | 62% | 13% |
| 01 Apr 2023 - 30 Sept 2023 | 18 Oct 2023 | 61 | 14% | 25% | 61% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 12 Oct 2022 | 64 | 12% | 26% | 62% | 12% |
| 01 Oct 2021 - 31 Mar 2022 | 14 Apr 2022 | 64 | 10% | 24% | 66% | 11% |
| 01 Apr 2021 - 30 Sept 2021 | 15 Oct 2021 | 69 | 5% | 26% | 69% | 11% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 68 | 11% | 22% | 67% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 67 | 7% | 26% | 67% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise agreed in writing, payment terms shall be 60 days plus 10 from end of month in which a valid, complete and correct invoice is received showing our order number, description of the goods provided and includes a copy of the relevant goods delivery note(s)
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
Disputes should be referred in the first instance to the originator of the purchase order. Should the dispute not be satisfactorily resolved it should be referred to the Group Purchasing Manager. The company aims to resolve any dispute which may arise in a timely manner.
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
QUARTZELEC LTD is a British company that specializes in the design, supply, installation, and maintenance of electrical and mechanical systems. The company was founded in 1979 and is headquartered in Bedford, England.
Sustainability is an integral part of QUARTZELEC's operations, and the company has implemented various initiatives to reduce its environmental impact. These include using energy-efficient equipment and materials, promoting recycling and waste reduction, and investing in renewable energy sources.
QUARTZELEC's primary products and services include electrical and mechanical engineering, power generation and distribution, and control and automation systems. The company serves a wide range of industries, including oil and gas, renewable energy, transportation, and manufacturing.
The key people at QUARTZELEC LTD include Mr. David Smith, the Managing Director, and Mr. Mark Bull, the Operations Director. Both individuals have extensive experience in the industry and are committed to driving the company's success and sustainability efforts.
To contact QUARTZELEC LTD, individuals can visit their website at www.quartzelce.co.uk or reach out to their registered office located at 5a St. Martin's Way, Bedford, MK42 0LF, United Kingdom. The company also has offices in various other locations, including Scotland, Wales, and Northern Ireland, making it easily accessible to clients throughout the UK.
In summary, QUARTZELEC LTD is a reputable company that prioritizes sustainability and offers a wide range of high-quality products and services in the electrical and mechanical engineering industry. With its experienced team and commitment to sustainability, the company continues to be a leader in its field.