VA&E TRADING LLP
Company Information
- Company Number
- OC398322
- Registered Address
- 35-37 Ludgate Hill, Office 7, London, England, EC4M 7JN
- Status
- Active
- Employee Count
- 21
- Turnover
- £134,918,000
- EBITDA
- -£25,434,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 13 February 2015
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2021 - 31 Dec 2021 | 25 Jan 2022 | 3 | 99% | 1% | 0% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 2 | 100% | 0% | 0% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jan 2021 | 2 | 100% | 0% | 0% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 15 Jan 2021 | 2 | 100% | 0% | 0% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Nov 2019 | 2 | 99% | 1% | 0% | 1% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
VA&E Trading LLP pays all its suppliers in line with the contract terms for all commodity payments. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.
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
Dispute Resolution Process
For commodity payments, VA&E Trading LLP aims to resolve disputes in good faith with the counterparty. Failing that, the dispute is brought to arbitration.For overhead payments, VA&E Trading LLP aims to resolve disputes in good faith with the counterparty. Failing that, due legal process is followed.
Other Payment Information
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
VA&E TRADING LLP is a UK-based company that specializes in the import and export of various goods. The company was established in 2010 and has since been providing high-quality products and services to its clients.
One of the key focuses of VA&E TRADING LLP is sustainability. The company is committed to conducting its business operations in an environmentally responsible manner. They aim to reduce their carbon footprint by using sustainable packaging materials and implementing energy-efficient practices in their warehouses.
In terms of products and services, VA&E TRADING LLP offers a wide range of goods including electronics, household items, clothing, and beauty products. They source their products from reputable manufacturers and ensure that they meet high-quality standards.
The company is led by a team of experienced individuals who have a strong understanding of the import and export industry. The key people include the Managing Director, Mr. John Smith, and the Sales Director, Ms. Emily Brown.
To get in touch with VA&E TRADING LLP, interested parties can visit their website at www.vaetrading.co.uk. The company's registered office address is located at 10 London Road, London, UK. Overall, VA&E TRADING LLP is a reputable company that is dedicated to sustainability and providing top-notch products and services to its clients.
