Score of 92.55/100 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 2025 - 31 Dec 2025 | 29 Jan 2026 | 18 | 84% | 12% | 4% | 6% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 12 | 89% | 8% | 3% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 15 | 87% | 9% | 4% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 19 | 85% | 8% | 7% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 3 | 98% | 2% | 0% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 3 | 98% | 2% | 0% | 9% |
| 01 Sept 2022 - 31 Dec 2022 | 24 Jan 2023 | 3 | 99% | 1% | 0% | 18% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Sept 2022 | 2 | 99% | 1% | 0% | 16% |
| 01 Sept 2021 - 28 Feb 2022 | 22 Mar 2022 | 3 | 98% | 1% | 1% | 16% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 3 | 98% | 2% | 0% | 15% |
| 01 Sept 2020 - 28 Feb 2021 | 30 Sept 2021 | 6 | 94% | 5% | 1% | 20% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2021 | 5 | 95% | 4% | 1% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms range from payment on presentation of invoice to 60 days after receipt of invoice.
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
Invoice queries or disputes are raised by the accounts payable team. The invoice is put on hold and payment will not be made until the query is resolved.
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
IAA UK AUCTIONS LIMITED is an active private limited company, incorporated on 16 January 2019, based in the Yorkshire and The Humber region. Registered business activity: Sale of used cars and light motor vehicles; Wholesale of waste and scrap; Activities of other holding companies not elsewhere classified.
From Companies House records.