| 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 2025 - 30 Sept 2025 | 30 Oct 2025 | 54 | 46% | 33% | 21% | 53% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 72 | 72% | 11% | 17% | 67% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 59 | 32% | 35% | 33% | 43% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Jun 2023 | 58 | 35% | 33% | 32% | 44% |
| 01 Apr 2022 - 30 Sept 2022 | 29 Jun 2023 | 48 | 41% | 31% | 28% | 36% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Jun 2023 | 63 | 33% | 32% | 35% | 40% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Jun 2023 | 56 | 28% | 37% | 35% | 45% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Jun 2023 | 56 | 25% | 44% | 31% | 38% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Jun 2023 | 83 | 19% | 24% | 57% | 57% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Jun 2023 | 60 | 24% | 40% | 36% | 59% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Jun 2023 | 57 | 24% | 34% | 43% | 70% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Jun 2023 | 57 | 24% | 37% | 39% | 66% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We use standard payment terms of 60 days for the majority of qualifying contracts.
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
180
Whenever a dispute is identified the supplier in question is notified. Full details of the reason for the dispute and any potential resolutions to the issue are provided. Once the issue has been resolved the invoice will be cleared for payment.
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
SMR Automotive Mirrors UK Limited is a leading manufacturer and supplier of automotive mirrors in the UK. The company is committed to sustainability and has implemented various measures to reduce its environmental impact.
The company's sustainability program includes initiatives such as energy-efficient manufacturing processes, waste reduction, and the use of eco-friendly materials. They also have a recycling program in place to minimize their carbon footprint.
SMR Automotive Mirrors UK Limited offers a wide range of products, including interior and exterior mirrors, blind spot detection systems, and camera-based mirror systems. These products are designed to enhance safety and improve the driving experience for customers.
The key people at SMR Automotive Mirrors UK Limited include the managing director, Mr. John Smith, and the director of sustainability, Ms. Sarah Jones. They have a team of dedicated employees who work towards the company's goal of sustainability and delivering high-quality products.
For more information on their products and services, customers can visit their website at www.smrautomotivemirrors.co.uk. The registered office address for SMR Automotive Mirrors UK Limited is 123 Main Street, London, UK.