| 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 2023 - 31 Mar 2024 | 16 Apr 2024 | 46 | 22% | 57% | 21% | 58% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 40 | 20% | 63% | 17% | 51% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Oct 2022 | 47 | 24% | 61% | 15% | 57% |
| 01 Oct 2021 - 31 Mar 2022 | 19 Apr 2022 | 48 | 21% | 60% | 19% | 55% |
| 01 Apr 2021 - 30 Sept 2021 | 11 Oct 2021 | 45 | 17% | 67% | 16% | 65% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Apr 2021 | 43 | 31% | 53% | 16% | 64% |
| 01 Apr 2020 - 30 Sept 2020 | 09 Oct 2020 | 53 | 14% | 57% | 29% | 79% |
| 01 Apr 2019 - 30 Sept 2019 | 07 Oct 2019 | 45 | 12% | 77% | 11% | 43% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most commonly applied terms are 30 days from 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
Payment statistics disclosed in this report can be affected by a number of different factors. Invoices are often reported as due but not paid within agreed terms because BACS transfers to suppliers arrive in the supplier’s bank account two business days after leaving the company’s bank account, contract payments due on weekends or bank holidays are typically paid on the following business day and the company typically initiates payments in batches, on a weekly basis; where this is the case payments will normally be received by the supplier within a few days of the due date.
Maximum contractual payment period agreed
365
All complaints are addressed by the Accounts Payable function.
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
EXERTIS HAMMER LIMITED is a leading distributor of IT and business technology products, solutions, and services. The company is committed to promoting sustainability and has implemented various measures to reduce its environmental impact.
The company offers a wide range of products and services, including servers, storage, networking, security, and software solutions. They work with top technology brands such as Dell EMC, HPE, and Lenovo, to provide their customers with the most advanced and reliable products.
EXERTIS HAMMER LIMITED's sustainability program includes initiatives such as recycling and reducing waste, using energy-efficient systems, and promoting eco-friendly practices among its employees. The company also partners with suppliers who share their commitment to sustainability, ensuring that their products have a minimal environmental impact.
The key people at EXERTIS HAMMER LIMITED include its Managing Director, Raj Pandya, who has over 20 years of experience in the IT industry, and the company's Sales Director, Paul Bryan, who has been with the company for over 13 years.
Their website, www.exertishammer.com, provides comprehensive information about their products and services, as well as their sustainability efforts. The company's registered office address is Exertis House, Magnesium Way, Hapton, Burnley, Lancashire BB12 7BF.
In summary, EXERTIS HAMMER LIMITED is a leading distributor of IT and business technology products, committed to promoting sustainability through its products, services, and business practices. With a dedicated team and a strong focus on eco-friendly initiatives, the company continues to make a positive impact in the industry.