Score of 95.2/100 qualifies for PaymentCheck Certification
Kentish Flats Limited demonstrates a consistently strong payment trend, with 100% of invoices settled within 30 days and an average payment time of just 24 days. There is no evidence of payment deterioration, lateness, or migration into longer payment brackets, indicating a stable and disciplined payment pattern. The absence of any late or extended payments suggests this performance is not an outlier but a reliable operational standard.
Payment behaviour for Kentish Flats Limited is exceptionally low-risk, with zero recorded instances of late, 31–60 day, or over-60-day payments, representing a volatility profile that carries minimal uncertainty for suppliers. The 24-day average sitting comfortably within the 30-day window suggests consistent internal processes rather than ad hoc or variable payment scheduling. Suppliers can forecast cash flow with a high degree of confidence when transacting with this company.
Kentish Flats Limited presents an excellent credit risk profile and can be considered a preferred-tier customer based on its flawless payment record and 24-day average settlement time. Suppliers can engage with standard or even preferential trading terms without the need for protective measures such as advance payments, reduced credit limits, or shortened payment windows. No specific risk mitigation actions are required at this time, though routine periodic monitoring of payment data is recommended as standard practice.
| 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 Jan 2024 - 30 Jun 2024 | 15 Aug 2024 | 27 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Aug 2024 | 28 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Aug 2024 | 24 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are 90 days from the issue of the invoice. Exemption is reviewed depending on the particular scope of the contract.
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
90
Payment related disputes are handled by the respective Contract Manager or if such role does not exist for the given activity the Project Manager
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
KENTISH FLATS LIMITED is an active private limited company, incorporated on 22 December 2000, based in the London region. Registered business activity: Production of electricity.
From Companies House records.