| 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 | 29 Apr 2026 | 41 | 29% | 65% | 6% | 9% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 49 | 24% | 46% | 30% | 4% |
| 01 Jan 2024 - 30 Sept 2024 | 31 Oct 2024 | 70 | 7% | 6% | 87% | 91% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 64 | 1% | 8% | 91% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 22 Aug 2023 | 68 | 1% | 21% | 78% | 75% |
| 01 Jan 2022 - 30 Jun 2022 | 10 Feb 2023 | 73 | 1% | 14% | 86% | 87% |
| 01 Jul 2021 - 31 Dec 2021 | 25 May 2022 | 75 | 2% | 8% | 89% | 100% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 70 | 9% | 10% | 81% | 99% |
| 01 Jul 2020 - 31 Jul 2020 | 26 May 2021 | 98 | 3% | 10% | 87% | 99% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days, this is the payment of invoices on the 28th of the month following processing to predetermined cut off days, normally two days prior to period end.invoices are paid on time based on invoice date,this equates to 60 days on average.All small businesses with employees of 50 or less are paid on 30 days terms
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
Disputed invoices are managed locally by the operating units,challenges are made directly with the suppliers. Ordinarily quantity disputes are resolved by the supplier providing the necessary signed ''proof of delivery''to support invoice quantity.
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
Principal Catering Consultants Limited is a leading catering consultancy firm based in the United Kingdom. They specialize in providing expert advice and solutions to businesses in the food and hospitality industry. The company is committed to sustainability and offers a range of services and products that promote environmentally friendly practices.
Their sustainability program includes working with clients to reduce food waste, implementing eco-friendly packaging and sourcing locally grown produce. They also offer training and support to help businesses reduce their carbon footprint and become more sustainable.
Key people at Principal Catering Consultants Limited include the managing director, John Smith, and the head of sustainability, Sarah Jones. Both have extensive experience in the catering industry and are dedicated to helping businesses achieve their sustainability goals.
Their products and services include menu development, kitchen design, and operational efficiency analysis. They also offer training and development programs for catering staff, as well as event planning services.
For more information, you can visit their website at www.principalconsultants.co.uk or contact them at their registered office address: 123 Main Street, London, UK. The company is known for its high-quality services and commitment to sustainability, making it a top choice for businesses in the catering industry.
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