Score of 84.2/100 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 Nov 2025 - 30 Apr 2026 | 31 May 2026 | 34 | 60% | 34% | 6% | 54% |
| 01 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 26 | 82% | 12% | 6% | 18% |
| 01 May 2024 - 31 Oct 2024 | 29 Nov 2024 | 25 | 86% | 8% | 5% | 14% |
| 01 Nov 2023 - 30 Apr 2024 | 31 May 2024 | 26 | 83% | 12% | 6% | 17% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 33 | 83% | 8% | 8% | 17% |
| 01 Nov 2022 - 30 Apr 2023 | 31 May 2023 | 28 | 77% | 17% | 7% | 23% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 27 | 76% | 19% | 5% | 24% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 28 | 73% | 24% | 4% | 27% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 31 | 67% | 28% | 4% | 33% |
| 01 Nov 2020 - 30 Apr 2021 | 24 May 2021 | 31 | 66% | 29% | 5% | 34% |
| 01 May 2020 - 31 Oct 2020 | 04 Jan 2021 | 36 | 59% | 31% | 10% | 41% |
| 01 Nov 2019 - 30 Apr 2020 | 01 Jun 2020 | 35 | 65% | 26% | 9% | 35% |
| 01 Nov 2018 - 30 Apr 2019 | 17 Jun 2019 | 35 | 59% | 35% | 6% | 42% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 33 | 57% | 35% | 8% | 43% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 36 | 53% | 37% | 10% | 47% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Safestore Limited’s standard terms are to pay all suppliers on qualifying contracts 30 days from the invoice date, except for third party storage suppliers who are paid 7 days from the 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
45
Suppliers contact the Finance Accounts Payable department and are then provided the email address of the relevant individual managing the qualifying contract. The Accounts Payable department is also copied into the correspondence. The responsible individual contacts the supplier to ascertain the reason for the dispute and resolve the dispute or concern. Generally, the target of the resolution process is 10 working days from the initial contact by the supplier. Once the dispute or concern is resolved, the invoice is typically released for payment within 7 working days from the date of resolution.
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
SAFESTORE LIMITED is an active private limited company, incorporated on 19 July 2005, based in the East of England region. Registered business activity: Other letting and operating of own or leased real estate.
From Companies House records.