Score of 89.4/100 qualifies for PaymentCheck Certification
| 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 2024 - 31 Mar 2025 | 06 Aug 2025 | 21 | 88% | 10% | 2% | 16% |
| 01 Apr 2022 - 30 Sept 2023 | 28 Feb 2024 | 41 | 73% | 16% | 11% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 18 Nov 2021 | 24 | 78% | 17% | 5% | 33% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 44 | 44% | 15% | 41% | 37% |
| 01 Apr 2019 - 30 Sept 2019 | 09 Oct 2019 | 26 | 75% | 18% | 7% | 27% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 24 | 76% | 19% | 5% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Normal terms are 90days.
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
90
Specific department with generic Email address to ensure someone can deal with the issue.
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
GNB Industrial Power (UK) Limited is a leading supplier of industrial batteries and energy storage solutions. They are committed to sustainability and have implemented various programs to reduce their environmental impact.
The company offers a wide range of products and services, including maintenance and repair services, battery recycling, and customized energy storage solutions. Their batteries are used in various industries such as telecommunications, transportation, and renewable energy.
The key people at GNB Industrial Power (UK) Limited include the managing director, sales director, and technical director, who have extensive experience in the industry and are dedicated to providing high-quality products and services to their customers.
In terms of sustainability, the company has implemented a recycling program to ensure that their batteries are disposed of in an environmentally responsible manner. They also use advanced technologies to reduce energy consumption in their manufacturing processes.
Customers can contact GNB Industrial Power (UK) Limited through their website or by visiting their registered office at Unit 14, Amber Business Village, Amber Close, Tamworth, Staffordshire, B77 4RP. Their website address is www.gnb-industrial.com.
In conclusion, GNB Industrial Power (UK) Limited is a reputable company that offers sustainable and innovative solutions for industrial energy storage. With their experienced team and commitment to sustainability, they continue to be a leader in the industry.