The average time taken for ZONAL RETAIL DATA SYSTEMS LIMITED to pay invoices to suppliers has decreased over the past three periods, from 35 days in the first period to 31 days in the most recent period. This trend indicates that the company is making efforts to pay its invoices in a more timely manner.
The volatility of ZONAL RETAIL DATA SYSTEMS LIMITED's payment process has remained relatively stable over the past three periods. The percentage of invoices paid within 30 days has fluctuated by only 1%, while the percentage of invoices paid between 31 and 60 days has remained consistent at 87%. The most notable change is in the percentage of invoices paid later than 60 days, which decreased by 0.5% in the most recent period.
In the past three periods, ZONAL RETAIL DATA SYSTEMS LIMITED has made improvements in its payment process. The average time to pay has decreased from 35 days to 31 days, indicating that the company is making efforts to pay invoices in a more timely manner. Additionally, the percentage of invoices paid within 30 days has increased by 2%, while the percentage of invoices paid later than 60 days has decreased by 0.5%. These changes suggest that the company is making an effort to pay its invoices earlier and reduce the number of late payments.
| 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 2017 - 31 Dec 2017 | 29 Mar 2018 | 35 | 11% | 88% | 1% | 27% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 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
60
Disputes are rare but when arise are handled with the input of finance and the relevant operational manager with the objective of finding an expedient resolution
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
Zonal Retail Data Systems Limited, trading as Zonal, is a company registered in Edinburgh that develops and supplies technology for the hospitality sector. Its offering includes electronic point-of-sale systems, online ordering, table reservations, property management, kitchen and stock management, and marketing tools such as loyalty schemes and gift cards, aimed at pubs, restaurants, hotels, stadia and holiday parks across the UK. The business, founded in 1979 to address stock control issues in a family hotel, now serves large multi-site hospitality operators as well as independent venues, providing integrated systems, data reporting and UK-based support. In 2026 it became part of Volaris Group, a wider international software business.
Generated from the company's website and Companies House records. Sources: zonal.co.uk · zonal.co.uk · zonal.co.uk