| 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 Dec 2023 | 30 Jan 2024 | 58 | 11% | 48% | 41% | 90% |
| 01 Jan 2023 - 30 Jun 2023 | 02 Aug 2023 | 64 | 9% | 40% | 51% | 86% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 56 | 12% | 54% | 34% | 74% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 55 | 11% | 53% | 36% | 69% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 53 | 13% | 55% | 32% | 76% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 52 | 16% | 56% | 28% | 62% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 73 | 29% | 1% | 70% | 87% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 57 | 10% | 50% | 40% | 72% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 53 | 11% | 58% | 31% | 80% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 53 | 8% | 60% | 32% | 84% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 52 | 13% | 53% | 34% | 81% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days EOM
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
Invoice is placed on hold * Internal buyer is contacted to establish whether this is an internal and external query * If it is an internal query an email confirmation is requested to allow accounts to release the invoice for payment * If it is an external query the supplier is contacted by email with the issue and asked to respond within 7 days * If a response is not received a line manager will be notified and asked to also send an email * An invoice will remain on hold and unpaid until such time the query is resolved
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.
❌
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.
❌
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
This company was registered as Westbridge Furniture Designs Limited but Companies House records now show it trading under the name WFD1 Realisations Limited. Its registered business activity is the manufacture of other furniture (SIC code 31090), placing it within the furniture and furnishings industry. The registered office is given care of Belfield Furnishings Limited, indicating a connection to that furnishings business. Company status is recorded as active, and the company was incorporated in June 2004. No further detail on products, markets or trading operations is available from the evidence supplied, beyond its classification as a furniture manufacturer and its link to the Belfield Furnishings entity.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk