| 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 Apr 2019 - 31 Oct 2019 | 23 Dec 2019 | 30 | 52% | 34% | 14% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net Monthly
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
Disputes & all types of queries are handled by a dedicated Accounts Payables Helpdesk, Monday to Friday, via e-mail or phone
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
William Reed Business Media Ltd is registered as a publisher of directories, mailing lists, and consumer and business journals and periodicals. It now trades as William Reed, operating from the Crawley address given as its registered office. The company describes itself as a business information and events publisher serving the global food and drink industry, providing insight through digital media, awards, exhibitions, events and print across a portfolio of brands. It reports reaching over three million monthly readers across its group titles and running more than seventy events and awards annually, alongside more than ninety brands offering insights, research and digital initiatives to audiences in food, drink, retail, grocery, manufacturing and hospitality sectors.
Generated from the company's website and Companies House records. Sources: william-reed.com · william-reed.com