The average time taken for NAYLOR INDUSTRIES PLC to pay invoices has fluctuated slightly over the past three periods, with a decrease of 6% in the most recent period compared to the first period. The percentage of invoices paid within 30 days has remained relatively consistent, with a slight increase of 1% in the most recent period compared to the first period. There has been a decrease of 3% in the percentage of invoices paid between 31 and 60 days, and a decrease of 1% in the percentage of invoices paid later than 60 days. The percentage of invoices not paid within agreed terms has decreased by 8% over the three periods. The shortest (or only) standard payment period has remained consistent at 30 days.
The data for NAYLOR INDUSTRIES PLC shows a relatively stable pattern, with some minor fluctuations in the percentages of invoices paid within different time frames. The most significant change is a decrease of 8% in the percentage of invoices not paid within agreed terms over the three periods.
In the most recent period, NAYLOR INDUSTRIES PLC took an average of 47 days to pay invoices, a decrease of 3 days compared to the first period. The percentage of invoices paid within 30 days remained at 19%, while the percentage of invoices paid between 31 and 60 days decreased by 1% and the percentage of invoices paid later than 60 days decreased by 1%. The percentage of invoices not paid within agreed terms has decreased by 8% over the three periods. The shortest (or only) standard payment period has remained consistent at 30 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 Sept 2023 - 29 Feb 2024 | 07 Aug 2024 | 33 | 21% | 63% | 16% | 20% |
| 01 Mar 2023 - 31 Aug 2023 | 07 Aug 2024 | 53 | 21% | 63% | 16% | 20% |
| 01 Mar 2021 - 31 Aug 2021 | 04 Nov 2021 | 47 | 19% | 63% | 18% | 20% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 51 | 19% | 64% | 17% | 23% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 53 | 19% | 54% | 27% | 36% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 50 | 18% | 63% | 19% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days End of Month
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
Any dispute would be dealt with by the person who raised the original purchase order
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
NAYLOR COMMERCIAL PROPERTIES LIMITED is an active private limited company, incorporated on 15 March 1994, based in the Yorkshire and The Humber region. Registered business activity: Other manufacturing not elsewhere classified.
From Companies House records.