| 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 | 24 Apr 2026 | 63 | 39% | 24% | 37% | 42% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 62 | 35% | 24% | 41% | 46% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 60 | 43% | 20% | 37% | 41% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 56 | 43% | 21% | 35% | 43% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 55 | 45% | 23% | 32% | 50% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 62 | 45% | 20% | 35% | 52% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 54 | 45% | 22% | 32% | 52% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 46 | 53% | 19% | 29% | 42% |
| 01 Oct 2021 - 31 Mar 2022 | 20 Apr 2022 | 51 | 50% | 20% | 31% | 48% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 61 | 51% | 19% | 31% | 43% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 55 | 45% | 21% | 34% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our most frequently used payment terms are 30 days from document date. For goods for resale, terms can be longer.
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
95
The Company aims to process all supplier payments efficiently and within the timescales agreed within the particular contracts. To facilitate prompt payment, suppliers are required to comply with the Company’s invoicing process. Queries – In the first instance, suppliers should contact Company Accounts Payable department, If Accounts Payable are unable to resolve the dispute within seven working days, the dispute may be escalated to the ETEL Group Financial Controller. If the ETEL Group Financial Controller is unable to resolve the dispute within a further seven working days, the dispute may be escalated to the ETEL Group Chief Financial Officer.
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
EUROPEAN TYRE ENTERPRISE LIMITED is an active private limited company, incorporated on 28 February 2011, based in the East of England region. Registered business activity: Activities of head offices.
From Companies House records.