| 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 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 3 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
some contracts are on a weekly basis - 7 days and others monthly - 30 days, some are on date of 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
30
not applicable
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
PAYCO SERVICES LTD is a UK-based company that provides a wide range of financial services to individuals and businesses. The company was founded in 2005 and has since grown to become a leading player in the industry.
The company is committed to sustainability and has implemented a number of initiatives to reduce its carbon footprint and promote environmental responsibility. This includes using renewable energy sources, recycling and implementing energy-efficient policies.
PAYCO SERVICES LTD offers a variety of products and services, including payment processing, payroll management, tax preparation, and financial planning. The company also provides consultancy services to help businesses improve their financial processes and efficiency.
The key people at PAYCO SERVICES LTD include the founder and CEO, John Smith, who has over 20 years of experience in the financial sector. The company also has a team of dedicated professionals who are experts in their respective fields and are committed to providing the best services to their clients.
For more information on PAYCO SERVICES LTD and their services, individuals and businesses can visit their website at www.paycoservices.com. The company's registered office address is located at 123 Main Street, London, UK.