EM2020 REALISATIONS LIMITED consistently exhibits an extended payment cycle, with an average payment time of 58 days. A significant 83% of invoices are paid beyond standard 30-day terms, indicating a strong trend towards slower rather than prompt settlement. The company's payment trajectory leans heavily towards longer periods, with 36% of payments exceeding 60 days.
While the majority of payments (47%) fall within the 31-60 day range, the substantial 36% that take over 60 days introduces considerable payment reliability concerns for suppliers. The reported 18% late payment rate directly signifies an elevated risk of unpredictable cash flow disruptions. This distribution suggests payments are consistently slow, with a notable portion being unpredictably late.
Suppliers engaging with EM2020 REALISATIONS LIMITED should anticipate average payment times around 58 days and budget for potential further delays, given the 18% late payment rate. It is recommended to establish clear, possibly shorter, payment terms or explore options for partial upfront payments to mitigate cash flow risks. Close monitoring of outstanding invoices and potential credit insurance should be considered.
| 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 Mar 2019 - 31 Aug 2019 | 10 Oct 2019 | 58 | 17% | 47% | 36% | 18% |
| 01 Sept 2018 - 28 Feb 2019 | 08 May 2019 | 66 | 11% | 37% | 52% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms of payment for goods for resale is 130 days, although there are variants to this, other contracts for goods and services not for re-sale vary from 30 days to 90 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
130
Overdue - Supplier Contacts AP department by email or telephone. Missing invoices emailed to expedite resolution. Invoice paid on 1st weekly payment run after approval. Disputed- respective supplier and customer relationship managers put in direct contact to agree reason for dispute and mutually agreeable solution.
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
EM2020 REALISATIONS LIMITED is a private limited company, currently in liquidation. The company's name signifies its function in the realisation of assets, a key process during business restructuring or insolvency.
The company was incorporated in Scotland on 27 April 1946, operating under company number SC024081. Its registered office is located at C/O FRP ADVISORY TRADING LIMITED, Apex 3 95 Haymarket Terrace, Edinburgh, EH12 5HD.
Companies established for 'realisations' typically specialise in the management and conversion of assets into cash. This process involves the identification, valuation, sale, and distribution of proceeds from assets to satisfy claims from creditors or shareholders.