Industry ranking
| 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 2022 - 31 Dec 2022 | 30 Jan 2023 | 43 | 48% | 38% | 15% | 53% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 42 | 31% | 59% | 10% | 69% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Mar 2022 | 23 | 79% | 9% | 12% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 8 | 97% | 3% | 0% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 11 | 95% | 4% | 1% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 26 Jul 2020 | 16 | 88% | 10% | 2% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 24 | 76% | 22% | 2% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 24 | 75% | 23% | 2% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 33 | 76% | 18% | 6% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 33 | 69% | 25% | 6% | 22% |
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
60
Supplier may reach out to their Business Partners, the Procurement Department or the Treasury Department. Disputes are then picked up and resolved by the appropriate Department, depending to their nature
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AXELOS LIMITED is registered as a leasing of intellectual property business, based in London. Its own site describes it as the home of best practice frameworks including ITIL, PRINCE2 and MSP, covering certifications, training, consulting and membership services built around these methodologies. The company licenses these frameworks to training providers and certification bodies rather than delivering all training directly itself. It offers resources, a certifications registry and support services connected to these best practice standards. Companies House records classify its nature of business as leasing of intellectual property and similar products, consistent with its role in licensing established management frameworks for use across training and consulting markets.
Generated from the company's website and Companies House records. Sources: axelos.com · axelos.com