| 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 | 29 Nov 2019 | 38 | 50% | 40% | 10% | 60% |
| 01 Nov 2018 - 30 Apr 2019 | 31 May 2019 | 54 | 42% | 39% | 19% | 64% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 37 | 36% | 54% | 10% | 73% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 23 | 63% | 31% | 6% | 86% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment runs are performed weekly, based on invoices that are approved and due as at that date. This means that any invoices due between the time of the payment run and the date the following payment run, (up to 10 days) will have been reported as overdue.
Maximum contractual payment period agreed
60
Complaints are routed to the AP team via central mailbox. We endeavour to resolve all disputes within 10 working days.
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
Photobox Limited is a UK company registered under SIC code 62090 for information technology service activities, though its trading activity centres on personalised photo products. Its website describes an online service where customers create and order photo books, wall art, canvas and poster prints, personalised cards, calendars and photo gifts such as mugs and cushions from their own images. The site also hosts a blog offering photography tips, decor inspiration and occasion-based gift ideas linked to these products. The evidence indicates a consumer-facing business producing customised printed and gift items from customer-supplied photographs, delivered through an e-commerce platform, rather than a general IT services provider despite the registered SIC classification.
Generated from the company's website and Companies House records. Sources: blog.photobox.co.uk