Score of 84.73/100 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 Jul 2021 - 31 Dec 2021 | 02 Mar 2022 | 20 | 87% | 6% | 7% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 21 | 86% | 7% | 6% | 37% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 31 | 67% | 16% | 17% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 01 Sept 2020 | 29 | 69% | 22% | 9% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 23 | 86% | 11% | 3% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 20 | 81% | 10% | 9% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms for small supplier (related to expenses) are 1 to 30 days Standard payment terms for trade supplier (related to trade purchases) are 1 to 180 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
180
Disputes are resolved on the basis of contractual terms and conditions
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
LIBERTY COMMODITIES LIMITED is a leading global supplier of commodities, with a strong focus on sustainability. They offer a wide range of products and services, including metal trading, logistics, and financing, to customers in various industries.
The company's sustainability program is a key part of their operations, and they are committed to promoting responsible and ethical practices in all aspects of their business. This includes promoting sustainable supply chains, reducing their environmental impact, and supporting local communities.
Some of the key people at LIBERTY COMMODITIES LIMITED include CEO Sanjeev Gupta, who has over 25 years of experience in the commodities industry, and COO Jim Cochrane, who has extensive knowledge in logistics and operations.
The company's website, www.libertycommodities.com, provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is located at 71 Queen Victoria Street, London, EC4V 4BE, United Kingdom.
In summary, LIBERTY COMMODITIES LIMITED is a reputable supplier of commodities, with a strong commitment to sustainability. Their wide range of products and services, along with their responsible practices, make them a trusted partner for customers around the world.