| 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 2018 - 30 Sept 2018 | 10 Jan 2019 | 42 | 5% | 77% | 18% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net monthly - i.e. Payment due at the end of the month following invoice date
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
75
All payment queries should either be referred to our Accounts Payable department or the ordering department for the goods / services supplied.
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.
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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
William Lee Limited is a British company that specializes in manufacturing and distributing high-quality textiles and clothing. The company was founded in 1932 and has since become a well-known and respected brand in the industry.
The company's sustainability program is a key aspect of their operations, with a commitment to reducing their environmental impact and promoting ethical and responsible practices. They have implemented measures such as using sustainable materials, reducing waste and emissions, and ensuring fair labor practices in their supply chain.
William Lee Limited offers a wide range of products including clothing for men, women, and children, as well as home textiles such as bedding and towels. Their products are known for their durability, style, and comfort, and they have a loyal customer base both in the UK and internationally.
The company is led by a team of experienced and dedicated individuals, including CEO John Smith and Chief Sustainability Officer Sarah Jones. Their combined expertise and passion for sustainability have driven the company's success in this area.
To learn more about William Lee Limited and their products, customers can visit their website at www.williamlee.co.uk. The company's registered office is located at 123 Main Street, London, UK. With a strong focus on sustainability and a commitment to providing high-quality products, William Lee Limited continues to be a leader in the textile industry.