| 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 | 31 Jan 2022 | 31 | 49% | 50% | 1% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 32 | 48% | 48% | 2% | 60% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Feb 2021 | 32 | 48% | 51% | 1% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 32 | 47% | 51% | 2% | 62% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 32 | 46% | 53% | 1% | 61% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 35 | 40% | 57% | 3% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 39 | 29% | 64% | 7% | 85% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payments for the majority of invoices are made at the end of the following month to the invoice date. All invoices must be approved before payment is made. Any disputes on invoices must be resolved before payment is made.
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
90
Any disputed invoices will be considered by the approver of the invoice, who will notify the supplier once they are aware of the dispute. The matter needs to be resolved before payment of the invoice will be made.
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
SSF SHETLAND LIMITED is an active private limited company, incorporated on 7 May 1985, based in the Scotland region. Registered business activity: Marine aquaculture.
From Companies House records.