Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The average time to pay for GO OUTDOORS LIMITED has been increasing over the past three periods, starting at 50 days in Feb 2018 and increasing to 68 days in Feb 2020.
There has been some volatility in the percentage of invoices paid within 30 days, with a high of 22% in Feb 2018, dropping to 14% in Feb 2019, before increasing to 19% in Feb 2020.
| 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 |
|---|---|---|---|---|---|---|
| 04 Aug 2019 - 01 Feb 2020 | 04 Mar 2020 | 68 | 19% | 45% | 36% | 56% |
| 03 Feb 2019 - 03 Aug 2019 | 02 Sept 2019 | 56 | 14% | 49% | 37% | 62% |
| 04 Aug 2018 - 02 Feb 2019 | 01 Apr 2019 | 50 | 20% | 45% | 34% | 83% |
| 04 Feb 2018 - 03 Aug 2018 | 31 Aug 2018 | 50 | 22% | 43% | 34% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 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
Invoices are matched on receipt and disputed invoices notified to the supplier
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
GO OUTDOORS LIMITED is a dissolved private limited company, incorporated on 19 February 1998, based in the West Midlands region. Registered business activity: Other retail sale of new goods in specialised stores (not commercial art galleries and opticians).
From Companies House records.