| 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 2019 - 30 Sept 2019 | 06 Dec 2019 | 38 | 52% | 30% | 18% | 48% |
| 01 Oct 2018 - 31 Mar 2019 | 06 Dec 2019 | 42 | 51% | 34% | 15% | 49% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Jul 2018 | 29 | 74% | 15% | 11% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company's policy is to pay suppliers within the agreed credit terms of 30 days. Occasionally minor payment delays may occur if invoices are disputed.
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
The company has a dedicated email address for vendors to submit invoices and invoice queries. The accounts payable team will reach out to the invoice contact if it is not clear why an invoice has not been approved for payment. Any payment disputes are considered by the relevant Head of Department and if necessary the Chief Financial Officer. Disputes will be resolved as soon as practicably possible.
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
Numis Corporation PLC is registered as a head office entity under company number 02375296, based in London. Evidence from the associated Deutsche Numis brand shows it forms part of Deutsche Bank Group's UK investment banking operations, trading under the Deutsche Numis name. The wider group provides strategic advice, market insights and connectivity to corporate clients, including a substantial share of FTSE 350 companies, and is active in IPOs and M&A advisory work in the UK market. The regulated broking activity itself is carried out through a separate group company, Numis Securities Limited. This entity's own role appears to be that of a holding or head office company within the wider Deutsche Numis and Deutsche Bank Group structure.
Generated from the company's website and Companies House records. Sources: numis.com · numis.com · numis.com