DECIDEBLOOM LIMITED's average payment time of 32 days indicates a slight tendency to pay just beyond standard 30-day terms. While a respectable 51% of payments are made within 30 days, a significant 41% fall into the 31-60 day category, pulling the average beyond the 30-day mark. The 8% of payments extending over 60 days suggests that while extreme delays are not the majority, they are a consistent part of the payment trajectory.
The 29% late payment rate signifies moderate inconsistency and reduced predictability for suppliers, as nearly one-third of invoices are not settled within their due dates. This introduces a degree of cash flow variability, making it harder to forecast working capital accurately. The persistent 8% of payments over 60 days further underscores a risk of significant delays for a portion of transactions.
DECIDEBLOOM LIMITED presents a moderate payment risk profile for suppliers, mainly due to the 29% late payment rate and an average payment time slightly exceeding 30 days. Suppliers should anticipate potential cash flow delays and factor in the risk that 8% of payments could extend beyond 60 days. Mitigate this risk by clearly defining payment terms, monitoring receivables closely, and potentially considering initial credit limits or phased payments for larger contracts.
| 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 Nov 2025 - 30 Apr 2026 | 14 May 2026 | 31 | 55% | 38% | 7% | 10% |
| 01 May 2025 - 31 Oct 2025 | 25 Nov 2025 | 30 | 53% | 40% | 7% | 29% |
| 01 Nov 2024 - 30 Apr 2025 | 14 May 2025 | 32 | 51% | 41% | 8% | 29% |
| 01 May 2024 - 31 Oct 2024 | 14 Nov 2024 | 32 | 49% | 43% | 8% | 30% |
| 01 Nov 2023 - 30 Apr 2024 | 13 May 2024 | 32 | 49% | 43% | 8% | 32% |
| 01 May 2023 - 31 Oct 2023 | 14 Nov 2023 | 33 | 46% | 47% | 8% | 30% |
| 01 Nov 2022 - 30 Apr 2023 | 24 May 2023 | 32 | 46% | 47% | 7% | 34% |
| 01 May 2022 - 31 Oct 2022 | 06 Dec 2022 | 31 | 46% | 47% | 7% | 31% |
| 01 Nov 2021 - 30 Apr 2022 | 01 Jun 2022 | 42 | 47% | 46% | 8% | 31% |
| 01 May 2021 - 31 Oct 2021 | 30 Dec 2021 | 38 | 47% | 42% | 9% | 33% |
| 01 Nov 2020 - 30 Apr 2021 | 02 Jun 2021 | 36 | 42% | 45% | 11% | 39% |
| 01 May 2020 - 31 Oct 2020 | 12 Nov 2020 | 47 | 39% | 36% | 27% | 47% |
| 01 Nov 2019 - 30 Apr 2020 | 03 Jul 2020 | 35 | 48% | 43% | 9% | 10% |
| 01 May 2019 - 31 Oct 2019 | 03 Dec 2019 | 33 | 47% | 45% | 8% | 9% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 36 | 49% | 43% | 8% | 8% |
| 01 May 2018 - 31 Oct 2018 | 08 Mar 2019 | 33 | 48% | 46% | 6% | 7% |
| 01 Nov 2017 - 30 Apr 2018 | 08 Mar 2019 | 32 | 50% | 43% | 7% | 8% |
| 01 May 2017 - 31 Oct 2017 | 26 Mar 2018 | 43 | 30% | 61% | 9% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Decidebloom Ltd operates under 3 separate categories of terms: 1. Supplier terms typically 30 days. 2. Our own terms which have been agreed with our suppliers whereby we pay on the last day of the month following invoice date. 3. Vehicle supplier terms varying between 2 days and 330 days depending on Manufacturer.
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
330
The only disputes would relate to general ledger invoices not received or not carrying the necessary order details. These would be resolved through monthly account reconciliations and contact with the supplier to ensure payment withing agreed terms.
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
DECIDEBLOOM LIMITED is registered at Stoneacre's Doncaster address and trades as Newark Motor Auctions, based at The Showground, Winthorpe, Newark. The company operates weekly vehicle auctions, selling used cars, vans and motorbikes to both private and trade buyers. Auctions run on a regular schedule, including online and in-hall bidding, with stock ranging from budget runabouts to higher value vehicles. It receives part-exchange vehicles from main dealers and automotive partners, and offers a vehicle delivery service to transport purchases from the auction site. Companies House records list its business as sale, maintenance and repair of motor vehicles and parts.
Generated from the company's website and Companies House records. Sources: newarkmotorauctions.co.uk · newarkmotorauctions.co.uk