| 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 2019 - 30 Jun 2019 | 16 Oct 2019 | 54 | 28% | 34% | 38% | 44% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jul 2019 | 29 | 84% | 11% | 5% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 44 | 40% | 33% | 27% | 39% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Varies with each vendor. The most common payment term is 30 days from the invoice date.
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
Payment disputes are considered by the finance team and resolved as soon as possible after the query is raised.
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Envirowales Limited operates a lead-acid battery recycling facility in Ebbw Vale, South Wales, and forms part of the International Metal Industries group of companies. It processes large volumes of used automotive and industrial batteries each year, recovering lead, lead alloys, polypropylene and neutralised sulphates for return to the UK and European supply chain. The company states it achieves over 95 percent recovery of materials from each battery, using Best Available Techniques and operating under full UK environmental permits as a licensed ABTO. Recovered materials are supplied for use in new products across construction, manufacturing and consumer goods industries.
Generated from the company's website and Companies House records. Sources: envirowales.com