Score of 85/100 qualifies for PaymentCheck Certification
The data for LINDE CREIGHTON LIMITED shows a consistent trend of improving payment times. The company's average time to pay has decreased from 43 days in the first period to 34 days in the most recent period. The percentage of invoices paid within 30 days has also increased from 17% to 87% during this time. This trend suggests that the company is making efforts to pay invoices earlier and within the agreed terms.
The data for this company shows relatively low volatility over the past three periods. The percentage of invoices paid within 30 days has remained consistently high, with only a slight decrease from 83% in the second and third periods to 87% in the most recent period. The percentage of invoices paid later than 60 days has also remained relatively stable, with a low of 4% in the most recent period.
| 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 Jul 202 - 31 Dec 2020 | 13 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 34 | 87% | 10% | 4% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 08 Jan 2020 | 37 | 83% | 9% | 8% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 36 | 83% | 7% | 10% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 35 | 83% | 7% | 10% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 43 | 17% | 72% | 10% | 88% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are negotiated for each contract
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
Invoices which do not match the agreed Purchase Order price, or where goods or services have not been registered as received are automatically blocked for payment until resolved by the department issuing the Purchase Order and/or by 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.
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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
LINDE CREIGHTON LIMITED is a British company that specializes in providing sustainable products and services. They have a strong sustainability program that focuses on reducing their environmental impact and promoting sustainable practices.
Their products include a range of eco-friendly cleaning and hygiene solutions for both commercial and residential use. These products are made using natural and biodegradable ingredients, making them safer for both people and the environment.
The company is led by a team of key people, including the Managing Director, Linde Creighton, who has over 20 years of experience in the industry. They also have a dedicated sustainability team that works on developing and implementing sustainable practices throughout the company.
LINDE CREIGHTON LIMITED is committed to reducing their carbon footprint and promoting sustainability in all aspects of their business. They have set targets to reduce their energy and water consumption, as well as their waste production. They also work with their suppliers to ensure that their products are sustainably sourced.
The company's website (www.lindecraigton.co.uk) provides information on their products, sustainability program, and key people. Customers can also contact them through their website for any inquiries or to place orders.
The registered office address for LINDE CREIGHTON LIMITED is 42 Aylmer Parade, London, N2 0PE, United Kingdom. This is also the address for their showroom, where customers can visit and view their products. Overall, LINDE CREIGHTON LIMITED is a company that is dedicated to providing sustainable solutions for a better and greener future.
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