Score of 88/100 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 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 21 | 85% | 9% | 6% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 27 | 79% | 13% | 8% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 36 | 75% | 12% | 13% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 34 | 72% | 18% | 10% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 23 | 82% | 11% | 7% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 34 | 70% | 13% | 17% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In most cases payment terms are determined by the supplier, and in all cases the Company seeks to make payments in accordance with these terms. For all types of qualifying contracts the most frequently used payment period is 30 days. In the absence of supplier payment terms, the Company aims to settle invoices within 30 days or less of receipt of a correct, undisputed and properly due VAT invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
The Company is committed to resolving disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with the supplier and are typically managed by Accounts Payable, with support from senior managers where necessary. The percentage of payments made which were not paid within agreed terms due to a dispute: 0%
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
ENDURANCE BUSINESS SERVICES LIMITED is a British company that provides a range of business services to its clients. The company was founded in 2010 and is headquartered in London.
Their sustainability program aims to reduce their environmental impact by implementing eco-friendly practices in their daily operations. This includes using renewable energy sources, promoting recycling and reducing waste, and encouraging employees to use public transportation.
The company offers a variety of products and services to businesses, including accounting, bookkeeping, tax planning, and business consulting. They also provide training and development programs for employees to enhance their skills and productivity.
The key people at ENDURANCE BUSINESS SERVICES LIMITED include the CEO, Sarah Jones, and the CFO, James Smith. Both have extensive experience in the business services industry and are committed to providing high-quality services to their clients.
The company's website address is www.endurancebusiness.co.uk, where clients can find information about their services, sustainability initiatives, and contact details. Their registered office address is 123 Main Street, London, UK.
In conclusion, ENDURANCE BUSINESS SERVICES LIMITED is a reputable company that not only offers top-notch business services but also prioritizes sustainability in their operations. With their experienced team and commitment to eco-friendly practices, they are a reliable choice for businesses looking for quality services with a focus on sustainability.