| 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 2021 - 31 Dec 2021 | 21 Jan 2022 | 46 | 33% | 42% | 25% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Sept 2021 | 54 | 25% | 42% | 33% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Jan 2021 | 58 | 18% | 53% | 29% | 23% |
| 01 Oct 2019 - 30 Jun 2020 | 09 Jul 2020 | 54 | 20% | 46% | 34% | 39% |
| 01 May 2019 - 30 Sept 2019 | 11 Oct 2019 | 50 | 13% | 43% | 44% | 17% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 54 | 12% | 39% | 49% | 64% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 52 | 10% | 37% | 53% | 66% |
| 01 Nov 2017 - 30 Apr 2018 | 14 Aug 2018 | 71 | 10% | 40% | 50% | 53% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 66 | 15% | 38% | 47% | 68% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 90 days following the end of the month of the date of the invoice, however, specific terms are negotiated depending on the commercial situation.
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
90
In the first instance disputes will be dealt with by the individuals responsible for the supply agreement, with support from the Head of Department and Finance. Failure to meet resolution will be escalated to the Finance Director.
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
AESICA QUEENBOROUGH LIMITED is a liquidation private limited company, incorporated on 22 August 2007, based in the North West region. Registered business activity: Manufacture of basic pharmaceutical products.
From Companies House records.