QUALITY SAVE LIMITED
Company Information
- Company Number
- 06920326
- Registered Address
- C/O T J Morris Limited Portal Way, Axis Business Park, Liverpool, England, L11 0JA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 June 2009
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
QUALITY SAVE LIMITED demonstrates a strong trend of timely payments, with 98% of invoices settled within 30 days. The average payment time of 31 days reflects a consistent trajectory slightly exceeding immediate terms, primarily influenced by a small percentage of later payments.
Volatility Analysis
Payment reliability for QUALITY SAVE LIMITED is exceptionally high, with only 2% of payments falling into the late category. This low volatility indicates a highly predictable payment cycle for the vast majority of transactions, posing minimal financial risk from delayed payments.
Summary Analysis
Overall, QUALITY SAVE LIMITED presents a highly favorable payment profile, making them a reliable partner for suppliers. Key decision factors include their excellent 98% on-time rate, suggesting minimal need for specific risk mitigation strategies beyond standard credit checks. Suppliers can generally expect prompt payment with very low exposure to late settlements.
Performance Reports History
| 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 2023 - 31 Dec 2023 | 14 Feb 2024 | 31 | 98% | 1% | 1% | 2% |
| 01 Apr 2023 - 30 Jun 2023 | 22 Nov 2023 | 27 | 98% | 2% | 0% | 2% |
| 01 Oct 2022 - 31 Mar 2023 | 30 May 2023 | 22 | 98% | 1% | 1% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 03 Nov 2022 | 16 | 97% | 2% | 1% | 3% |
| 01 Oct 2021 - 31 Mar 2022 | 02 May 2022 | 14 | 99% | 1% | 0% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 15 Nov 2021 | 16 | 99% | 1% | 0% | 1% |
| 01 Oct 2020 - 31 Mar 2021 | 17 May 2021 | 15 | 99% | 1% | 0% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 25 Nov 2020 | 15 | 98% | 2% | 0% | 2% |
| 01 Oct 2019 - 31 Mar 2020 | 02 Jun 2020 | 14 | 98% | 2% | 0% | 2% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 13 | 97% | 2% | 1% | 3% |
| 01 Oct 2018 - 31 Mar 2019 | 13 May 2019 | 16 | 98% | 2% | 0% | 2% |
| 01 Apr 2018 - 30 Sept 2018 | 01 Nov 2018 | 16 | 98% | 2% | 0% | 2% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The standard payment term is 30 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
30
Dispute Resolution Process
Any disputes will be dealt with by the relevant head office department and usually within 14 days.
Other Payment Information
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
QUALITY SAVE LIMITED is an Active Private limited Company. Based on its name, it operates within the retail sector, aiming to provide products that offer both quality and value to its customers.
The company was incorporated on 1 June 2009 and is registered under company number 06920326. Its registered office is located at C/O T J Morris Limited Portal Way, Axis Business Park, Liverpool, England, L11 0JA.
As a Private limited Company in the UK retail market with a name suggesting value, QUALITY SAVE LIMITED typically specialises in offering a diverse range of discount retail products. These often include household essentials, groceries, health and beauty items, and seasonal goods, with a strong focus on affordability for consumers.
