Industry ranking
The average time taken for ELECTRO-MOTIVE DIESEL LIMITED to pay invoices has fluctuated over the past 3 periods, with a peak of 47 days in 2019 and a low of 39 days in 2020. However, the trend seems to be increasing again, with an average time of 43 days in the latest period (2023).
The volatility of the average time taken to pay invoices for ELECTRO-MOTIVE DIESEL LIMITED has been relatively stable, with a range of 10 days between the highest and lowest values over the past 3 periods.
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 40 | 15% | 76% | 9% | 6% |
| 01 Jan 2025 - 30 Jun 2025 | 11 Jul 2025 | 44 | 11% | 76% | 13% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 49 | 11% | 73% | 16% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 44 | 13% | 74% | 13% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 43 | 13% | 72% | 15% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 49 | 13% | 67% | 20% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 54 | 7% | 66% | 27% | 12% |
| 01 Jan 2022 - 31 Mar 2022 | 29 Jul 2022 | 42 | 16% | 70% | 14% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 43 | 8% | 78% | 14% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 41 | 9% | 84% | 7% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 39 | 46% | 47% | 7% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 18 Aug 2020 | 42 | 41% | 47% | 12% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 40 | 38% | 52% | 10% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 13 Nov 2019 | 47 | 34% | 54% | 12% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Electro-Motive Diesel's standard payment terms are end of month plus 60 days from receipt of invoice unless alternative payment terms are contractually agreed (i.e. 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
Where a vendor needs to query an invoice for payment, they will first need to either: Contact the buyer directly or; contact our accounts payable team by phone or by email and this will be investigates as applicable with a view to responding ASAP.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
ELECTRO-MOTIVE DIESEL LIMITED is an active private limited company, incorporated on 18 August 2006, based in the East Midlands region. Registered business activity: Repair and maintenance of other transport equipment not elsewhere classified.
From Companies House records.