| 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 Jul 2023 - 31 Oct 2023 | 30 Jan 2024 | 65 | 0% | 57% | 43% | 81% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 56 | 31% | 31% | 39% | 51% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Aug 2023 | 84 | 0% | 34% | 66% | 69% |
| 01 Apr 2022 - 30 Jun 2022 | 03 Aug 2023 | 98 | 0% | 23% | 77% | 76% |
| 01 Oct 2021 - 31 Mar 2022 | 25 Apr 2022 | 42 | 34% | 36% | 30% | 61% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Apr 2022 | 38 | 32% | 47% | 22% | 79% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Jun 2021 | 39 | 33% | 52% | 15% | 70% |
| 01 Apr 2020 - 30 Sept 2020 | 16 Jun 2021 | 37 | 37% | 44% | 19% | 75% |
| 01 Oct 2019 - 31 Mar 2020 | 09 Apr 2020 | 53 | 26% | 36% | 38% | 66% |
| 01 Apr 2019 - 30 Sept 2019 | 19 Mar 2020 | 48 | 30% | 40% | 30% | 75% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 51 | 24% | 44% | 32% | 64% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 51 | 18% | 49% | 33% | 75% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days End of Month
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
Centrally managed Procurement & Purchase Ledger teams dealing with supplier relationships and disputes.
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
Incentive Facilities Management Limited is a private limited company incorporated in November 2001 and registered in Ipswich, Suffolk. Companies House records its nature of business under SIC code 81100, combined facilities support activities, and it is tagged within the cleaning industry. No further first-party description of its services, clients or operating scale is available from the evidence supplied. The company's status is currently active, though Companies House records show an active proposal to strike it off. No trading name change or group structure is indicated in the available records.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk