| 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 2024 - 31 Dec 2024 | 29 Jan 2025 | 30 | 60% | 28% | 12% | 39% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 30 | 64% | 27% | 10% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms 30 days.
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 disputes from suppliers initially get raised and dealt with by Accounts Payable. The Financial Controller will then get involved if the issue requires escalation. Finally, the CFO will ultimately get involved if necessary.
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
APTITUDE SOFTWARE LIMITED is an active private limited company operating within the software sector in the UK.
Incorporated on 3 December 1997, the company holds registration number 03475849. Its registered office is situated at 8th Floor, 138 Cheapside, London, England, EC2V 6BJ.
Private limited companies operating within the software sector in the UK typically specialise in providing a wide array of digital solutions. These commonly include the development, implementation, and ongoing maintenance of bespoke software, enterprise applications, and cloud-based platforms. Such organisations frequently offer expert consultancy and technical support services to businesses.