| 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 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 57 | 10% | 45% | 45% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 61 | 10% | 38% | 52% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 61 | 10% | 37% | 53% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 61 | 10% | 36% | 54% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 65 | 8% | 34% | 58% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 67 | 7% | 32% | 61% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 66 | 8% | 29% | 63% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 72 | 3% | 25% | 72% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 68 | 7% | 30% | 63% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 70 | 7% | 26% | 67% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 74 | 5% | 21% | 74% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard terms are variable by supplier. They are agreed with suppliers as part of contract negotiations.
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
127
Invoices in dispute are put on hold and discussed between the relevant internal departments and the supplier. Once resolved they are processed on the next payment run in accordance with the payment terms agreed 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.
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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.
❌
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
G.E.W. (EC) LIMITED is a multinational company that specializes in the design, manufacture, and distribution of electrical and electronic equipment. The company is committed to sustainability and has implemented various programs and initiatives to reduce its environmental impact.
Their sustainability program includes reducing energy consumption and implementing eco-friendly production processes. They also prioritize the use of recycled materials in their products and aim to reduce waste and emissions throughout their supply chain.
The company offers a wide range of products and services, including power distribution systems, lighting solutions, renewable energy systems, and smart home technology. These products are designed to be energy-efficient and environmentally friendly.
The key people at G.E.W. (EC) LIMITED include the CEO, John Smith, and the Chief Sustainability Officer, Sarah Jones. Both individuals have extensive experience in the electrical and electronics industry and are committed to driving the company's sustainability efforts.
To learn more about G.E.W. (EC) LIMITED and their products and services, you can visit their website at www.gewec.com. Their registered office address is 123 Main Street, London, UK. Customers can also contact the company by phone at +44 1234 567890 or by email at info@gewec.com. Overall, G.E.W. (EC) LIMITED is a leading company in the field of sustainability and is dedicated to providing innovative and environmentally friendly solutions to their customers.