Ranked in 2 industries
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| 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 Mar 2021 - 31 Aug 2021 | 24 Jan 2022 | 49 | 33% | 24% | 43% | 43% |
| 01 Sept 2020 - 31 Mar 2021 | 24 Jan 2022 | 54 | 24% | 23% | 53% | 54% |
| 01 Mar 2020 - 31 Aug 2020 | 24 Jan 2022 | 51 | 29% | 27% | 44% | 41% |
| 01 Sept 2019 - 29 Feb 2020 | 29 May 2020 | 52 | 28% | 21% | 51% | 68% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Paid on the next payment run following the date on which invoices fall due
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
We endeavour to resolve all queries between our Accounts Payable team and suppliers as quickly as practically possible. Should further resolution be required, the issue will be escalated to the Procurement Director or a senior member of the Finance team where appropriate.
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
Inspired Thinking Group (ITG) Limited is a UK-registered company based in Birmingham, previously known as Greystone Advertising Design Limited until 2011. Its registered activities span information technology consultancy, web portal operation, other professional and scientific services, and artistic creation, reflecting a combination of marketing, branding and advertising work alongside application software development. Companies House records show it is controlled by Picasso Topco Limited, indicating it operates as part of a wider corporate group rather than as an independent standalone trading entity. The company remains active, with accounts and confirmation statements filed up to 2025. No further detail on specific client services or products is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk