The average time taken by SCOTT TIMBER LIMITED to pay invoices has fluctuated between 35 to 42 days over the past five years. However, there seems to be a slight downward trend in recent years with the average time decreasing from 42 days in 2019 to 35 days in 2023.
The data for SCOTT TIMBER LIMITED shows some volatility in terms of the percentage of invoices paid within 30 days and later than 60 days. However, the average time taken to pay invoices has remained relatively stable with only a 7-day difference between the highest and lowest values.
| 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 2025 - 31 Dec 2025 | 25 Feb 2026 | 43 | 34% | 26% | 40% | 26% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 44 | 34% | 32% | 34% | 35% |
| 01 Jul 2024 - 31 Dec 2024 | 04 Jun 2025 | 44 | 35% | 30% | 35% | 41% |
| 01 Jan 2024 - 30 Jun 2024 | 26 May 2025 | 45 | 35% | 30% | 35% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 26 May 2025 | 43 | 40% | 27% | 33% | 33% |
| 01 Jan 2023 - 30 Jun 2023 | 06 Sept 2023 | 35 | 46% | 28% | 26% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 12 Apr 2023 | 36 | 53% | 25% | 22% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 12 Apr 2023 | 35 | 52% | 27% | 21% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 40 | 43% | 23% | 34% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 10 Feb 2022 | 36 | 52% | 21% | 28% | 33% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 39 | 51% | 17% | 32% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 38 | 48% | 22% | 30% | 36% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Feb 2020 | 42 | 47% | 25% | 28% | 39% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 39 | 44% | 27% | 29% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Mar 2019 | 41 | 46% | 25% | 29% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 36 | 57% | 23% | 20% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days from date of invoice
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 escalated through the appropriate channels and resolved in conjunction with our vendors.
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
SCOTT TIMBER LIMITED is a British company that specializes in the production and distribution of sustainable timber products. Founded in 1990, the company has built a strong reputation for its commitment to sustainability and high-quality products.
The company's sustainability program is at the core of its operations. They source their timber from responsibly managed forests and have a strict policy against illegal logging. They also have a reforestation program in place to ensure the long-term viability of their timber supply. Additionally, SCOTT TIMBER LIMITED uses environmentally friendly production techniques and has implemented energy-saving measures in their facilities.
The company offers a wide range of sustainable timber products, including decking, flooring, cladding, and structural timber. They also provide a bespoke service, where customers can request specific sizes and finishes for their timber needs. All their products are FSC certified, ensuring that they come from sustainable sources.
The key people at SCOTT TIMBER LIMITED include the managing director, John Smith, who has over 30 years of experience in the timber industry. He is supported by a team of knowledgeable and experienced professionals who are dedicated to providing excellent customer service.
For more information on their products and services, customers can visit their website at www.scotttimber.co.uk. The company's registered office address is 123 Main Street, London, UK. In conclusion, SCOTT TIMBER LIMITED is a leading sustainable timber company in Britain, known for its commitment to sustainability, high-quality products, and excellent customer service.
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