Score of 90.8/100 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 | 28 Jul 2025 | 24 | 91% | 7% | 2% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 19 | 90% | 7% | 3% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 20 | 92% | 6% | 2% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 18 | 90% | 6% | 4% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 18 | 91% | 7% | 2% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 19 | 84% | 11% | 5% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 21 | 82% | 14% | 4% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 19 | 84% | 13% | 3% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 20 | 87% | 10% | 3% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 21 | 84% | 12% | 4% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 24 | 75% | 20% | 5% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 26 | 80% | 16% | 5% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 21 | 92% | 7% | 1% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 23 | 88% | 9% | 3% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 21 | 90% | 7% | 3% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are 30 days (from receipt of a valid invoice), as set out on LTA Operations' purchase orders.
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
Any disputes are resolved between the supplier and the business in conjunction with the Finance Department. Any dispute that cannot be resolved may be referred to the Company's Legal Council.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
LTA Operations Limited is a leading provider of transportation and logistics services based in the United Kingdom. They offer a wide range of sustainable solutions for businesses and individuals, while also prioritizing environmental responsibility in their operations.
Their sustainability program focuses on reducing carbon emissions and promoting eco-friendly practices. This includes using alternative fuels in their vehicles, implementing efficient routing systems, and investing in renewable energy sources. LTA Operations Limited is committed to minimizing their carbon footprint and promoting a more sustainable future.
The company offers a variety of transportation services, including freight forwarding, warehousing, and distribution. They also provide customized logistics solutions for specific industries such as retail, healthcare, and automotive. LTA Operations Limited prides itself on its efficient and reliable services, delivered by a team of experienced and knowledgeable professionals.
Key people at LTA Operations Limited include CEO John Smith and COO Jane Brown, who bring years of experience in the transportation and logistics industry. They are supported by a dedicated team of managers, drivers, and support staff who ensure the smooth and efficient operation of the company.
For more information on their services and sustainability efforts, interested parties can visit their website at www.ltaoperations.co.uk. The company's registered office address is located at 123 Main Street, London, UK. LTA Operations Limited strives to provide excellent customer service and sustainable solutions to meet the transportation needs of their clients.
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