| 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 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 48 | 27% | 55% | 18% | 73% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 36 | 41% | 49% | 10% | 59% |
| 01 Apr 2022 - 30 Sept 2022 | 14 Oct 2022 | 43 | 25% | 66% | 9% | 75% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 46 | 32% | 40% | 28% | 68% |
| 01 Oct 2020 - 31 Mar 2021 | 20 Apr 2021 | 34 | 55% | 42% | 3% | 45% |
| 01 Apr 2020 - 30 Sept 2020 | 14 Oct 2020 | 38 | 49% | 40% | 11% | 51% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Oct 2019 | 31 | 50% | 48% | 2% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Holdfast Training Services does not have standard payment terms, however, the most frequently used payment term is 30 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
40
Any disputes/discrepancies with suppliers are raised on a timely manner by the respective finance departments and are usually resolved amicably. If the disputes are not resolved within agreed timeframe they are escalated to senior management / board . If the dispute remains unresolved legal advice would be sought although this course of action has never been used.
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
HOLDFAST TRAINING SERVICES LIMITED is a UK-based company that provides a wide range of training services for various industries, including maritime, offshore, and renewable energy sectors. The company is committed to sustainability and offers a variety of programs to promote environmental responsibility.
Their sustainability program includes training courses on environmental regulations, waste management, and energy efficiency. They also work closely with clients to develop sustainable practices and strategies for their businesses.
HOLDFAST TRAINING SERVICES LIMITED offers a range of products and services, including accredited training courses, consultancy services, and custom-tailored training programs. They have a team of experienced trainers and consultants who provide high-quality and up-to-date training to meet the specific needs of their clients.
The key people at HOLDFAST TRAINING SERVICES LIMITED include the Managing Director, John Smith, who has over 20 years of experience in the industry, and the Training Manager, Sarah Jones, who has a background in environmental science and sustainability.
Their website address is www.holdfasttrainingservices.co.uk, where interested individuals and businesses can find more information about their services and contact details. The registered office address is 10 High Street, London, UK.
In summary, HOLDFAST TRAINING SERVICES LIMITED is a reputable training company that prioritizes sustainability in its operations. They offer a range of training services, have a team of experienced professionals, and have a strong focus on promoting environmental responsibility.