| 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 Apr 2019 - 30 Sept 2019 | 06 Jan 2020 | 16 | 76% | 21% | 3% | 3% |
| 01 Oct 2018 - 31 Mar 2019 | 05 Sept 2019 | 27 | 70% | 26% | 4% | 4% |
| 01 Apr 2018 - 30 Sept 2018 | 05 Sept 2019 | 27 | 64% | 26% | 10% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Supplier invoices are paid according to the terms of the supplier, generally this is for payment within 30 days of invoice date subject to satisfactory approval (Prices, Quantity and Delivery). Some negotiated contracts provide for extended payment terms to 60 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
In the event that an invoice cannot be accepted as presented the appropriate budget holder will query directly with the supplier and seek resolution
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Easi-Drive Limited is part of EDAM Group, trading as EDAM, which provides post-accident management services, helping people whose vehicles have been involved in accidents through the claims and repair process. The company's registered SIC code covers renting and leasing of cars and light motor vehicles, consistent with providing replacement vehicles as part of this service. Joint administrators were appointed over Easi-Drive Limited, EDAM Group Limited and an associated company, Credit Repair Limited, on 6 January 2025, and the business is now being managed through insolvency proceedings by licensed insolvency practitioners regulated by the Institute of Chartered Accountants in England and Wales.
Generated from the company's website and Companies House records. Sources: easidrive.com