Score of 87/100 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 May 2025 - 31 Oct 2025 | 20 Nov 2025 | 21 | 84% | 16% | 0% | 14% |
| 01 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 24 | 79% | 20% | 1% | 15% |
| 01 May 2024 - 31 Oct 2024 | 20 Dec 2024 | 18 | 87% | 12% | 1% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We do not have standard terms of contract, these are set by our suppliers, under their preferred payment terms. Our most frequent payment terms are 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
30
When issues are identified, we contact the supplier with details of the dispute and negotiate a resolution to the issue. We aim to have all disputes corrected within payment terms. We will keep the supplier aware of impact to payment date.
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
OPTIONIS GROUP LIMITED is a UK-based company that provides a range of services to contractors, freelancers, and small businesses. Established in 1999, the company has grown to become a leading provider of support services in the UK.
The company's main services include accountancy, tax, and payroll services for contractors and freelancers, as well as business support services such as insurance, pensions, and legal advice. OPTIONIS GROUP LIMITED also offers umbrella and limited company solutions for contractors, making it easier for them to manage their finances and comply with UK tax laws.
In addition to their business services, OPTIONIS GROUP LIMITED has a strong focus on sustainability. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and promoting energy-efficient practices within their offices. They also encourage their employees to participate in community service activities and support various charitable causes.
The key people at OPTIONIS GROUP LIMITED include CEO Derek Kelly, who has over 25 years of experience in the industry, and COO Jan Post, who has been with the company since its inception. Their team of experienced professionals ensures that the company delivers high-quality services to their clients.
For those interested in their services, OPTIONIS GROUP LIMITED can be contacted through their website or at their registered office address in Warrington, UK. Their website also provides information on their services, sustainability program, and career opportunities.
In summary, OPTIONIS GROUP LIMITED is a reputable company in the UK that offers a range of support services to contractors, freelancers, and small businesses. With a strong focus on sustainability and a team of experienced professionals, they continue to provide high-quality services to their clients while making a positive impact on the environment and the community.