The trend for DOOR-STOP INTERNATIONAL LIMITED's average time to pay invoices has fluctuated over the past three periods but has generally decreased. The percentage of invoices paid within 30 days has remained consistently high, while the percentage of invoices paid between 31 and 60 days has decreased. The percentage of invoices paid later than 60 days has also decreased, but there was a slight increase in the most recent period. Overall, DOOR-STOP INTERNATIONAL LIMITED has shown a trend towards paying invoices in a timely manner.
The volatility of DOOR-STOP INTERNATIONAL LIMITED's average time to pay invoices has been relatively stable over the past three periods, with a decrease in volatility in the most recent period. The volatility of the percentage of invoices paid within 30 days has also been stable, while the volatility of the percentage of invoices paid between 31 and 60 days has decreased. The volatility of the percentage of invoices paid later than 60 days has also decreased, indicating more consistent payment patterns.
| 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 2023 - 01 Apr 2023 | 21 Aug 2023 | 49 | 93% | 5% | 2% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 48 | 95% | 4% | 1% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 48 | 97% | 2% | 1% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 06 Jan 2022 | 42 | 99% | 1% | 0% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Jul 2021 | 46 | 99% | 1% | 0% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 45 | 98% | 1% | 0% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 18 Sept 2020 | 55 | 92% | 5% | 3% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 18 Sept 2020 | 47 | 98% | 1% | 1% | 17% |
| 01 Jun 2018 - 31 Dec 2018 | 10 Jul 2019 | 33 | 98% | 1% | 1% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 16 Aug 2018 | 49 | 97% | 2% | 1% | 55% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
EOM + 30 days EOM + 60 days
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
The invoice is placed in query and given to the originator of the order to contact the supplier for resolution. Usually try to resolve within the month before payment falls due
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
Door-Stop International Limited trades as Door-Stop, a UK manufacturer of composite doors for trade customers. Founded in 2008, the company designs, manufactures and supplies doors to installers, contractors and developers across the UK, offering ranges such as Classic, Cottage and Modern collections plus FD30 fire doors. It operates manufacturing sites in the UK and Ireland and describes itself as a trading partner of the Owens Corning Door Division UK&I, with its website content credited to Premdor Crosby Ltd, indicating it forms part of a wider corporate group. Products are built for consistent sizing, thermal performance and durability, with nationwide delivery typically within five days and pricing aimed at trade buyers rather than direct consumers.
Generated from the company's website and Companies House records. Sources: door-stop.co.uk · door-stop.co.uk