Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 81.25/100 qualifies for PaymentCheck Certification
| 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 2023 - 31 Dec 2023 | 26 Jun 2024 | 32 | 72% | 25% | 3% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jun 2024 | 33 | 71% | 25% | 4% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jun 2024 | 34 | 70% | 26% | 4% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jun 2024 | 35 | 69% | 28% | 3% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jun 2024 | 38 | 65% | 31% | 4% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jun 2024 | 36 | 66% | 31% | 3% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jun 2024 | 37 | 65% | 30% | 5% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 26 Jun 2024 | 35 | 68% | 28% | 4% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 34 | 71% | 25% | 4% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 32 | 72% | 24% | 4% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 68% | 29% | 3% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 33 | 73% | 26% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
ERA Home Security Ltd does not have standard payment terms. Specific payment terms are agreed directly with each supplier in advance of the commencement of business.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Should a dispute arise in connection with goods or services supplied, ERA Home Security Ltd will endeavour to settle the matter without delay. Disputes should in the first instance be notified to senior representatives of both parties.
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
ERA Home Security Limited is a UK manufacturer of home security products, trading as ERA. Its output includes window and door locks, security hardware, decorative door and window furniture, and wireless smart alarm systems that can be controlled via smartphone. The company also offers a security guarantee scheme linked to Neighbourhood Watch approved products, promising replacement and compensation if a break-in occurs through its installed windows or doors. Company records show its business classified under manufacture of locks and hinges and other fabricated metal products. It operates installer and trade networks alongside direct sales channels, positioning itself around protecting homes through locks, alarms and related hardware rather than general distribution.
Generated from the company's website and Companies House records. Sources: erahomesecurity.com · erahomesecurity.com