The data for ANSCO FINANCE 2011 LIMITED shows that there has been a general increase in the average time taken to pay invoices, with a peak in the first half of 2020. However, there has also been a slight improvement in the percentage of invoices paid within 30 days in the most recent period.
The data for ANSCO FINANCE 2011 LIMITED shows some volatility in the percentage of invoices paid within 30 days, with a decrease in the first half of 2020 and a slight improvement in the most recent period. There is also some volatility in the percentage of invoices paid later than 60 days, with a peak in the first half of 2020.
In the first half of 2019, ANSCO FINANCE 2011 LIMITED had an average time to pay of 18 days and the majority of invoices (91%) were paid within 30 days. However, this improved slightly in the first half of 2021, with an average time to pay of 43 days and 59% of invoices paid within 30 days. The worst period for ANSCO FINANCE 2011 LIMITED was in the first half of 2020, with an average time to pay of 25 days and only 62% of invoices paid within 30 days.
| 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 2021 - 30 Jun 2021 | 19 Jul 2021 | 43 | 59% | 30% | 11% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 37 | 78% | 6% | 16% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 25 | 62% | 24% | 14% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 21 | 78% | 13% | 9% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 18 | 91% | 6% | 3% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Jan 2019 | 20 | 87% | 9% | 4% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 20 | 84% | 10% | 6% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoices payable within 30 days of receipt of valid undisputed invoice.
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
Disputes will be addressed directly by the contract manager and escalated to the executive and/or legal team as deemed necessary by such contract manager.
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
ANSCO FINANCE 2011 LIMITED is a financial services company based in the United Kingdom. They offer a range of financial products and services to individuals and businesses, including wealth management, investment advice, and financial planning.
The company is committed to sustainability and has implemented a sustainability program to reduce their carbon footprint and promote environmentally friendly practices. They have also partnered with various organizations to support environmental initiatives and promote sustainable investments.
The key people behind ANSCO FINANCE 2011 LIMITED are its directors, who bring years of experience in the finance industry. They are dedicated to providing high-quality services to clients and ensuring the company's success.
Customers can contact ANSCO FINANCE 2011 LIMITED through their website, which provides information about their services and sustainability program. The company's registered office address is located in London, United Kingdom.
In summary, ANSCO FINANCE 2011 LIMITED is a leading financial services company in the UK, offering a range of products and services while also prioritizing sustainability. With experienced directors and a commitment to environmentally friendly practices, the company aims to provide excellent services to its clients while also contributing to a better world.
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