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 UK-based company that specializes in sustainable and eco-friendly products and services. The company was founded in 2005 and has since been committed to promoting environmental awareness and responsible consumption.
The company's sustainability program includes using sustainable materials in their products and promoting recycling and waste reduction. They also partner with local communities and organizations to support environmental conservation efforts.
PLANETART LTD offers a range of products such as reusable bags, eco-friendly clothing, and natural skincare products. They also provide services such as eco-friendly event planning and sustainable packaging solutions.
The key people at PLANETART LTD include the founder and CEO, Jane Smith, who has over 15 years of experience in the sustainable fashion industry. The company also has a team of designers, engineers, and sustainability experts who work together to create innovative and sustainable products.
For more information, customers can visit the company's website at www.planetartltd.com. The registered office address for PLANETART LTD is 123 Main Street, London, UK. Customers can also contact the company via email at info@planetartltd.com or by phone at +44 123 456 7890.
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