The average time to pay for MASCO UK WINDOW GROUP LIMITED has fluctuated over the past three periods, with a decrease in the first period followed by an increase in the second period and a slight decrease in the third period.
The volatility of MASCO UK WINDOW GROUP LIMITED's payment patterns can be seen in the changes between the percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. There is also a large difference in the percentage of invoices not paid within agreed terms between the second and third periods.
| 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 2019 - 30 Jun 2019 | 25 Jul 2019 | 43 | 37% | 42% | 21% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 03 Feb 2019 | 47 | 29% | 49% | 22% | 78% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 43 | 31% | 51% | 18% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Each payment term is individual agreed with our supplier partners our standard terms are 30 ends end of month
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
payment and invoice disputes are handled by our central Finance team
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
MASCO UK WINDOW GROUP LIMITED is a liquidation private limited company, incorporated on 13 May 1991, based in the West Midlands region. Registered business activity: Manufacture of builders ware of plastic.
From Companies House records.