| 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 Oct 2025 - 31 Mar 2026 | 23 Apr 2026 | 62 | 12% | 28% | 60% | 10% |
| 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 Apr 2024 - 30 Sept 2024 | 11 Oct 2024 | 63 | 13% | 25% | 62% | 11% |
| 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 2020 - 30 Sept 2020 | 26 Oct 2020 | 68 | 11% | 22% | 67% | 11% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 68 | 7% | 23% | 70% | 8% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 67 | 7% | 26% | 67% | 9% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 67 | 8% | 25% | 67% | 8% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 67 | 7% | 25% | 67% | 31% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 70 | 7% | 20% | 73% | 54% |
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?
❌
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 an electrical engineering group based in Rugby, Warwickshire. It designs, manufactures, installs, maintains and repairs electrical equipment, with particular expertise in AC/DC rotating machines such as motors and generators up to 660MW. It also provides HV and LV electrical contracting, building services, coil manufacture, condition monitoring and spare parts, serving sectors including power generation and renewables, utilities, oil and gas, marine and defence, rail, and commercial and industrial customers. The company describes itself as a leading independent electrical engineering group with over 100 years of experience, operating from UK sites and international locations including Canada, Spain, Switzerland, Abu Dhabi, Malaysia and the Philippines.
Generated from the company's website and Companies House records. Sources: quartzelec.com · quartzelec.com