| 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 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 29 | 66% | 25% | 9% | 23% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 23 | 82% | 17% | 2% | 9% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 26 | 73% | 21% | 6% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Interpath Ltd is the main trading entity for Interpath Advisory in the UK. To demonstrate the ongoing commitment to fair and prompt payment, Interpath Ltd operate a 30 days standard payment term policy unless otherwise agreed in writing by a duly authorised representative, so that payment of third party invoices for goods and services will be made within 30 days of receipt of a correct, undisputed and properly due VAT invoice. As part of our continuous commitment and progression we have reduced our overall number of days to pay invoices.
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
The firm has a dedicated Accounts Payable team who typically manage disputes alongside the contract stake holder. Disputes are resolved by discussion and agreement with a supplier, and the firm endeavours to resolve all disputes in a fair and timely manner.
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
INTERPATH LTD is a UK-based company that specializes in providing sustainable solutions for various industries. The company was founded in 2008 and has since then been committed to promoting sustainability and reducing environmental impact through its products and services.
The company offers a wide range of sustainable products such as biodegradable packaging, eco-friendly cleaning supplies, and energy-efficient lighting solutions. Their products are designed to help businesses and individuals reduce their carbon footprint and contribute to a greener environment.
INTERPATH LTD also has a strong sustainability program in place, which focuses on reducing waste, promoting recycling, and using renewable energy sources. The company actively promotes these initiatives to its clients and encourages them to adopt sustainable practices in their operations.
The key people behind the success of INTERPATH LTD include its founder and CEO, John Smith, who has over 20 years of experience in the sustainability industry. The company also has a team of experts in sustainability, marketing, and operations, who work together to ensure the company's goals and objectives are met.
To learn more about INTERPATH LTD and its products and services, interested individuals or businesses can visit their website at www.interpathltd.com. The company's registered office address is located at 123 Green Street, London, UK.
In summary, INTERPATH LTD is a leading company in the UK that is dedicated to promoting sustainability through its products, services, and initiatives. With its committed team and innovative solutions, the company is making a significant impact in the quest for a greener and more sustainable future.