Score of 89.6/100 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 Jul 2021 - 31 Dec 2021 | 06 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 12 Aug 2021 | 21 | 82% | 12% | 6% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
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
45
We sent all the disputed invoices to vendors with explanations. Upon receipt resolutions and supporting documents, we will process payments accordingly.
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
PlanetArt Ltd is a Hampshire-registered company operating the FreePrints app in the UK, which forms part of the PlanetArt, LLC group. The app lets users order photo prints directly from their phone, selecting images from their device, Facebook, Google Photos or Dropbox. Customers receive a set number of 6x4 prints free each month, with charges applying to additional prints, larger formats and delivery. Orders are produced on glossy or matt paper and despatched to customers' homes or to regional collection points across England and Wales. The company's registered activity is classified as other manufacturing, reflecting its role in producing physical photographic prints from digital images submitted via the app.
Generated from the company's website and Companies House records. Sources: freeprintsapp.co.uk · freeprintsapp.co.uk · freeprintsapp.co.uk