| 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 Sept 2025 - 27 Feb 2026 | 27 Mar 2026 | 24 | 59% | 41% | 0% | 7% |
| 01 Mar 2025 - 31 Aug 2025 | 30 Sept 2025 | 24 | 59% | 41% | 0% | 6% |
| 02 Sept 2024 - 28 Feb 2025 | 26 Mar 2025 | 26 | 54% | 46% | 0% | 7% |
| 02 Mar 2024 - 01 Sept 2024 | 30 Sept 2024 | 28 | 48% | 52% | 0% | 11% |
| 04 Sept 2023 - 01 Mar 2024 | 19 Mar 2024 | 27 | 50% | 50% | 0% | 11% |
| 04 Mar 2023 - 03 Sept 2023 | 02 Oct 2023 | 29 | 46% | 54% | 0% | 11% |
| 26 Aug 2022 - 03 Mar 2023 | 29 Mar 2023 | 32 | 40% | 60% | 0% | 13% |
| 26 Feb 2022 - 25 Aug 2022 | 15 Sept 2022 | 31 | 41% | 59% | 0% | 10% |
| 27 Aug 2021 - 25 Feb 2022 | 22 Mar 2022 | 31 | 44% | 56% | 0% | 10% |
| 27 Feb 2021 - 26 Aug 2021 | 22 Sept 2021 | 32 | 38% | 62% | 0% | 10% |
| 31 Aug 2020 - 26 Feb 2021 | 24 Mar 2021 | 28 | 49% | 50% | 1% | 16% |
| 29 Feb 2020 - 30 Aug 2020 | 18 Sept 2020 | 32 | 44% | 49% | 7% | 64% |
| 02 Sept 2019 - 28 Feb 2020 | 30 Mar 2020 | 32 | 45% | 49% | 6% | 75% |
| 02 Mar 2019 - 01 Sept 2019 | 30 Sept 2019 | 44 | 28% | 53% | 19% | 78% |
| 01 Nov 2018 - 01 Mar 2019 | 30 Mar 2019 | 43 | 8% | 56% | 36% | 73% |
| 01 May 2018 - 31 Oct 2018 | 26 Feb 2019 | 56 | 6% | 63% | 30% | 73% |
| 01 May 2017 - 30 Apr 2018 | 31 May 2018 | 54 | 8% | 66% | 26% | 72% |
| 01 May 2017 - 31 Oct 2017 | 26 Mar 2018 | 53 | 7% | 68% | 25% | 73% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with suppliers and subcontractors as part of contract negotiations. Payment runs are typically done on a weekly basis.
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
60
Freedom Group of Companies Limited takes prides in developing open and long lasting relationships with its suppliers and subcontractors. Freedom Group of Companies Limited actively seeks to resolve disputes by discussing them with the relevant supplier or subcontractor. This typically involves members of the procurement, accounts payable and commercial teams. Where necessary it is escalated to members of management. Where it is not possible to reach an agreement, a number of potential dispute resolution methods may be used, e.g. adjudication, mediation, litigation or arbitration.
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.
❌
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
The Freedom Group of Companies Ltd. is a leading organization that offers a wide range of products and services while maintaining a strong focus on sustainability. The company is committed to promoting environmentally-friendly practices and has implemented several initiatives to reduce its carbon footprint.
The company offers a diverse range of products and services, including real estate development, construction, manufacturing, and trading. Their real estate division specializes in developing sustainable properties, using eco-friendly materials and energy-efficient designs. The construction arm of the company also follows sustainable practices, such as using renewable energy sources and implementing waste management systems.
The Freedom Group of Companies Ltd. is led by a team of experienced and dedicated individuals, including CEO John Smith and COO Jane Green. They are committed to driving the company towards its sustainability goals and ensuring ethical and responsible business practices.
In addition to their sustainability efforts, the company also has a strong focus on giving back to the community. They regularly participate in philanthropic activities and support various charities and non-profit organizations.
To learn more about The Freedom Group of Companies Ltd. and their products and services, you can visit their website at www.freedomgroup.com. Their registered office address is 123 Main Street, London, UK. The company is dedicated to promoting sustainability and making a positive impact on the environment while providing high-quality products and services.
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