Score of 82.6/100 qualifies for PaymentCheck Certification
| 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 Dec 2023 - 31 May 2024 | 26 Jun 2024 | 20 | 78% | 19% | 2% | 32% |
| 01 Jun 2023 - 30 Nov 2023 | 26 Jun 2024 | 14 | 85% | 13% | 1% | 51% |
| 01 Dec 2022 - 31 May 2023 | 29 Jun 2023 | 23 | 83% | 12% | 4% | 61% |
| 01 Jun 2022 - 30 Nov 2022 | 03 Feb 2023 | 11 | 90% | 10% | 0% | 61% |
| 01 Dec 2021 - 31 May 2022 | 05 Jul 2022 | 24 | 85% | 10% | 5% | 59% |
| 01 Jun 2021 - 30 Nov 2021 | 25 Mar 2022 | 17 | 86% | 12% | 1% | 51% |
| 01 Dec 2020 - 31 May 2021 | 25 Mar 2022 | 17 | 79% | 20% | 1% | 59% |
| 01 Jun 2020 - 30 Nov 2020 | 25 Mar 2022 | 31 | 76% | 9% | 15% | 70% |
| 01 Dec 2019 - 31 May 2020 | 25 Mar 2022 | 47 | 83% | 0% | 17% | 23% |
| 01 Jun 2019 - 30 Nov 2019 | 25 Mar 2022 | 15 | 89% | 8% | 3% | 28% |
| 01 Dec 2018 - 31 May 2019 | 20 Sept 2019 | 25 | 61% | 38% | 1% | 4% |
| 01 Jun 2018 - 30 Nov 2018 | 31 Jan 2019 | 32 | 54% | 38% | 8% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of the month following the invoice.
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
Suppliers are notified of any discrepancies immediately and an attempt is made to resolve these with the supplier straight away.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
BAILEY FAMILY INVESTMENTS PLC is an active public limited company, incorporated on 30 October 2001, based in the Wales region. Registered business activity: Activities of other holding companies not elsewhere classified; Other letting and operating of own or leased real estate.
From Companies House records.