The average time to pay for DEICHMANN-SHOES UK LIMITED has increased from 14 days in the first period to 16 days in the last period. This indicates a trend towards longer payment times.
The average time to pay for DEICHMANN-SHOES UK LIMITED has remained relatively stable, with only a 1 day difference between the first and last period. However, there has been some volatility in the percentage of invoices paid within 30 days, with a decrease of 1% in the last period compared to the first period.
In the first period, DEICHMANN-SHOES UK LIMITED had an average time to pay of 14 days, with 93% of invoices paid within 30 days, 6% paid between 31 and 60 days, and 0% paid later than 60 days. The company had 63% of invoices not paid within agreed terms and a shortest (or only) standard payment period of 14 days.
| 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 2019 - 31 Dec 2019 | 09 Mar 2020 | 16 | 93% | 7% | 0% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 16 | 93% | 7% | 0% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 15 | 94% | 6% | 0% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 14 | 93% | 6% | 0% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Terms of payment vary according to the nature of the product or services provided
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
30
If goods/services are not provided as per the contract then invoices are put on hold until the dispute is settled. This will cause a delay in payment based on the original invoice date
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
DEICHMANN-SHOES UK LIMITED is an active private limited company, incorporated on 31 January 1994, based in the East Midlands region. Registered business activity: Retail sale of footwear in specialised stores.
From Companies House records.