Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 85.6/100 qualifies for PaymentCheck Certification
| 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 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 10 | 89% | 11% | 0% | 50% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 39 | 58% | 19% | 23% | 72% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 40 | 64% | 8% | 28% | 37% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2023 | 82 | 13% | 38% | 49% | 89% |
| 01 Jul 2021 - 31 Jul 2021 | 30 Jan 2022 | 249 | 0% | 0% | 100% | 100% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 67% | 0% | 33% | 33% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 78 | 57% | 28% | 15% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 57 | 9% | 51% | 40% | 46% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 49 | 22% | 74% | 4% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 54 | 26% | 61% | 13% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 19 | 78% | 15% | 7% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 46 | 53% | 25% | 23% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most frequently used payment terms in the reporting period are 30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company no longer trades, it's business having been transferred to other ISG UK entities, invoices being paid relate to old retentions and certain payroll related invoices.
Maximum contractual payment period agreed
30
The company actively seeks to resolve disputes in a timely manner. This process will involve the Accounts Payable team and where necessary the Supply Chain team, Commercial teams and Senior Management. A member of the team will contact the supplier to discuss the dispute. Supplier relationships, managed more & more in a structured way, ensure we very rarely have the need for formal dispute resolution processes. If it is not possible to reach an agreement suitable to both parties then other methods of dispute resolution may include but are not limited to adjudication, litigation etc. as determined by the companies’ legal department. This is very much seen as a last resort.
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
ISG Interior Services Group UK Limited is a company registered in England, incorporated in 1994 and currently in administration. Companies House records its nature of business as other specialised construction activities not elsewhere classified, consistent with its history of trading under names including Interior Plc and ISG Interiorexterior Plc before adopting its current name. The company is majority owned by Interior Services Group (UK Holdings) Limited, indicating it operates as part of a wider interior fit-out and construction services group rather than as an independent trading entity. No further first-party description of its specific services is available in the evidence beyond this specialised construction classification and its corporate history.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk