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 2025 - 31 Dec 2025 | 27 Jan 2026 | 34 | 45% | 52% | 3% | 39% |
| 01 Jan 2025 - 30 Jun 2025 | 10 Jul 2025 | 34 | 39% | 59% | 2% | 38% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 35 | 36% | 63% | 1% | 38% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 35 | 36% | 62% | 2% | 36% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 34 | 40% | 58% | 2% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 36 | 38% | 59% | 3% | 37% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 34 | 42% | 56% | 2% | 32% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 34 | 44% | 53% | 3% | 38% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 34 | 41% | 58% | 1% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 34 | 42% | 56% | 2% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 33 | 42% | 56% | 2% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard terms of payment are different for different spend categories. In all categories, terms of payment can, by exception, be varied from standard payment terms by agreement between the seller and buyer.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Terms vary across our supplier base. We make payment runs weekly on a Friday. If the month end date falls within 2 working days of the Friday, that payment would be skipped in favour of payment on the month end date. Invoices falling due between payment runs are paid on the next run. Payment of some of these invoices may therefore end up technically classed as late even though our suppliers understand our payment practice. Other items reported as 'late' represent a mixture of disputed items, supplier invoice errors and suppliers sending invoices late.
Maximum contractual payment period agreed
72
If a supplier raises a query in respect of non-payment of an invoice it would initially be handled by accounts payable. If necessary, the accounts payable team will direct the query to the most relevant business area within the company (for example purchasing) to resolve this promptly.
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
Perspex International Limited is registered in the UK with a SIC code for manufacture of plastics in primary forms, indicating a role in the Perspex acrylic sheet business. Evidence from the associated 3A Composites Display Europe website describes the wider group as a maker of panel materials for visual communication, including products marketed under the PERSPEX brand, used in signage, retail display and architectural applications. As the registered UK entity, this company should be understood as part of that international group's manufacturing operations rather than as the group itself, with production and brand activity attributed to 3A Composites Display Europe rather than to this company individually.
Generated from the company's website and Companies House records. Sources: display.3acomposites.com