| 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 |
|---|---|---|---|---|---|---|
| 02 Aug 2020 - 30 Jan 2021 | 17 Feb 2021 | 46 | 31% | 44% | 25% | 68% |
| 02 Feb 2020 - 01 Aug 2020 | 13 Aug 2020 | 46 | 34% | 42% | 24% | 66% |
| 04 Aug 2019 - 01 Feb 2020 | 26 Feb 2020 | 55 | 19% | 49% | 32% | 77% |
| 03 Feb 2019 - 03 Aug 2019 | 29 Aug 2019 | 51 | 26% | 43% | 31% | 76% |
| 05 Aug 2018 - 02 Feb 2019 | 21 Feb 2019 | 56 | 20% | 45% | 35% | 82% |
| 04 Feb 2018 - 03 Aug 2018 | 29 Aug 2018 | 56 | 16% | 47% | 37% | 81% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We do not have standard payment terms. Payment terms are part of the commercial negotiation and are individually agreed with our suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
95
Staples UK actively seeks to resolve disputes through open communication between the supplier, Accounts Payable and relevant departments from within the business. This involves proactive e-mail and/or phone communication with the supplier.
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.
❌
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.
❌
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.
❌
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
Staples UK Limited is a company registered in England, incorporated in 1990. It has traded under several previous names, including Paragon Display Materials Limited, Paragon Imaging Materials Limited, Buhrmann Office Supplies Limited and Corporate Express Limited, before becoming Staples UK Limited. Its registered activity is non-specialised wholesale trade. Companies House records show the company is currently in liquidation. No further detail on trading operations, products handled or customer base is provided in the available evidence, beyond its classification as a wholesale business.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk