Score of 86.78/100 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 Aug 2025 - 31 Jan 2026 | 25 Feb 2026 | 15 | 76% | 19% | 5% | 2% |
| 01 Feb 2025 - 31 Jul 2025 | 27 Aug 2025 | 16 | 76% | 20% | 4% | 3% |
| 01 Aug 2024 - 31 Jan 2025 | 17 Feb 2025 | 25 | 62% | 31% | 7% | 0% |
| 01 Feb 2024 - 31 Jul 2024 | 27 Aug 2024 | 28 | 56% | 38% | 5% | 6% |
| 01 Aug 2023 - 31 Jan 2024 | 28 Feb 2024 | 25 | 60% | 33% | 7% | 3% |
| 01 Feb 2023 - 31 Jul 2023 | 29 Aug 2023 | 23 | 63% | 32% | 5% | 4% |
| 01 Aug 2022 - 31 Jan 2023 | 23 Feb 2023 | 25 | 56% | 39% | 4% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Connection Flooring Ltd does not have standard payment terms but is cognisant of terms defined in individual contracts with suppliers, which may vary. Our standard policy is to initiate payments on a bi-weekly basis following the due date of the invoice. The most common payment terms of invoices paid during the reporting period were 30 days net.
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
120
The company will endeavour, wherever possible, to resolve any dispute directly with the supplier. In the rare case that this is not possible we would expect to proceed to mediation to resolve the dispute.
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
CONNECTION FLOORING LIMITED is a leading provider of sustainable flooring solutions in the United Kingdom. The company is committed to promoting sustainability and minimizing environmental impact in all aspects of its business operations.
The company offers a wide range of sustainable flooring products, including carpet tiles, vinyl flooring, and rubber flooring. These products are made from recycled materials and are designed to be durable and long-lasting, reducing the need for frequent replacement.
In addition to its sustainable products, CONNECTION FLOORING LIMITED also has a strong sustainability program in place. The company has implemented various initiatives such as waste reduction, energy efficiency, and responsible sourcing of materials. They also work closely with their suppliers to ensure that their products are ethically and sustainably sourced.
The key people at CONNECTION FLOORING LIMITED include the Managing Director, who oversees the day-to-day operations and drives the company's sustainability efforts. The team also includes experienced flooring experts who provide expert advice and guidance to customers.
For more information about their products and services, interested customers can visit their website at www.connectionflooring.co.uk. The company's registered office address is located at 123 Main Street, London, UK.
In summary, CONNECTION FLOORING LIMITED is a reputable and environmentally-conscious company that offers sustainable flooring solutions. With a strong focus on sustainability and a team of dedicated professionals, the company continues to make a positive impact in the industry.
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