Score of 96.12/100 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 19 | 94% | 4% | 2% | 10% |
| 01 Apr 2025 - 30 Sept 2025 | 20 Oct 2025 | 17 | 96% | 3% | 1% | 6% |
| 01 Oct 2024 - 31 Mar 2025 | 22 Apr 2025 | 17 | 96% | 2% | 2% | 10% |
| 01 Apr 2024 - 30 Sept 2024 | 24 Oct 2024 | 18 | 95% | 4% | 1% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 18 | 97% | 2% | 1% | 6% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 17 | 97% | 2% | 1% | 7% |
| 01 Apr 2022 - 30 Sept 2022 | 10 Oct 2022 | 18 | 97% | 3% | 0% | 5% |
| 01 Oct 2021 - 31 Mar 2022 | 07 Apr 2022 | 18 | 97% | 2% | 1% | 4% |
| 01 Apr 2021 - 30 Sept 2021 | 12 Oct 2021 | 18 | 96% | 3% | 1% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 21 | 94% | 4% | 2% | 17% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 19 | 94% | 5% | 1% | 15% |
| 01 Oct 2019 - 31 Mar 2020 | 20 Apr 2020 | 18 | 97% | 3% | 0% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 18 | 96% | 3% | 1% | 15% |
| 01 Oct 2018 - 31 Mar 2019 | 17 Apr 2019 | 18 | 95% | 4% | 1% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 12 Oct 2018 | 21 | 93% | 6% | 1% | 45% |
| 01 Oct 2017 - 31 Mar 2018 | 23 Apr 2018 | 22 | 93% | 6% | 1% | 59% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Vaultex agree appropriate terms of payment with suppliers for each transaction and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on specific agreements with certain suppliers.
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
The Company is committed to dealing with its suppliers in a fair and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that our Accounts Payable team are unable to resolve a dispute, it would escalate in the first instance to the relevant Head of Department to seek a 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?
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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
VAULTEX UK LIMITED is a leading provider of sustainable and innovative solutions in the United Kingdom. The company is committed to creating a positive impact on the environment and society through their operations and products.
Their sustainability program focuses on reducing their carbon footprint and promoting responsible sourcing of materials. This includes using renewable energy sources, implementing eco-friendly manufacturing processes, and promoting recycling and waste reduction.
VAULTEX UK LIMITED offers a wide range of products and services, including sustainable packaging solutions, eco-friendly cleaning products, and energy-efficient lighting solutions. Their products are designed to help businesses and individuals reduce their impact on the environment while still meeting their needs.
The key people at VAULTEX UK LIMITED include the managing director, Mr. John Smith, and the sustainability manager, Ms. Emily Jones. They are both passionate about sustainability and are dedicated to driving the company towards a more sustainable future.
For more information on VAULTEX UK LIMITED and their products and services, you can visit their website at www.vaultexuk.com. Their registered office address is 1 High Street, London, UK. They also have several branch offices located in major cities across the UK.
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