THE BARCODE WAREHOUSE LIMITED exhibits a strong trend towards extended payment cycles, with an average payment time of 65 days. Nearly half (49%) of their payments extend beyond 60 days, indicating a consistent pattern of slow payment behavior. This trajectory suggests a habitual delay in settling invoices, with only a negligible 7% paid within the standard 30-day period.
Payment reliability is low, as a significant majority (92%) of payments fall outside typical 30-day terms, with nearly half extending beyond 60 days. This indicates poor predictability for supplier cash flow planning, as payment dates are consistently much later than standard expectations. The primary risk factor for suppliers is the prolonged working capital cycle due to these extensive and somewhat unpredictable delays.
Suppliers should approach THE BARCODE WAREHOUSE LIMITED with caution, anticipating significantly extended payment terms averaging 65 days. Key decision factors include the supplier's ability to absorb long payment cycles and the strategic importance of this client's volume. Risk mitigation strategies should consider negotiating stricter payment terms, requiring upfront payments for initial orders, or adjusting pricing to account for the increased cost of financing receivables.
| 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 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 65 | 7% | 43% | 49% | 7% |
| 01 Oct 2018 - 30 Apr 2019 | 23 May 2019 | 59 | 17% | 45% | 38% | 8% |
| 01 May 2018 - 31 Oct 2018 | 03 Dec 2018 | 68 | 8% | 42% | 50% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
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
All disputes are initially dealt with by Accounts Payable. The purchase ledger will contact the relevant purchasing team to resolve the query. A weekly review of disputed invoices is carried out with the account payable function and the purchasing team to aid swift resolution. On resolution, the supplier will be paid in accordance with their payment terms or on the next payment run if payment is already due.
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
The Barcode Warehouse Limited, based in Newark, Nottinghamshire, is part of The Barcode Warehouse Group. It is described as a specialist technology provider of barcode and RFID solutions and mobility managed services. Its registered activities cover manufacture of printed labels and wholesale of computers and computer peripheral equipment and software. Public sector contract data shows it has supplied NHS trusts with items including printable patient identification wristbands, scanning handsets, RFID solutions and inventory management systems. The company employed around 260 staff as at its 2025 accounts and holds several freehold property titles in Nottinghamshire.
Generated from the company's website and Companies House records. Sources: companiesintheuk.co.uk