From Aug 2017 to Jan 2024, PEOPLES ECOSSE LIMITED has maintained an average time to pay of 50 days. However, there has been a slight decrease in the average time to pay in the most recent period, from 51 days in Aug 2019 to 46 days in Jan 2024.
The percentage of invoices paid within 30 days has fluctuated between 18% and 26%, with the highest percentage in the period from Feb 2019 to Jul 2019 and the lowest percentage in the period from Aug 2021 to Jan 2022. This shows a high level of volatility in this category.
Looking at the data for the past three periods, there has been a slight decrease in the average time to pay, from 50 days in Aug 2018 to 46 days in Jan 2024.
| 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 Feb 2025 - 31 Jul 2025 | 31 Aug 2025 | 45 | 26% | 66% | 8% | 0% |
| 01 Aug 2023 - 31 Jan 2024 | 29 Feb 2024 | 45 | 26% | 60% | 14% | 0% |
| 01 Feb 2023 - 31 Jul 2023 | 31 Aug 2023 | 45 | 23% | 64% | 13% | 0% |
| 01 Aug 2022 - 31 Jan 2023 | 28 Feb 2023 | 44 | 24% | 65% | 11% | 0% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 43 | 24% | 64% | 12% | 0% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 41 | 22% | 72% | 6% | 0% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 44 | 23% | 68% | 9% | 0% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 57 | 23% | 66% | 11% | 0% |
| 01 Feb 2020 - 31 Jul 2020 | 31 Aug 2020 | 57 | 22% | 63% | 15% | 0% |
| 01 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 51 | 19% | 66% | 15% | 0% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 50 | 26% | 61% | 13% | 0% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 50 | 24% | 62% | 14% | 0% |
| 01 Feb 2018 - 31 Jul 2018 | 31 Aug 2018 | 50 | 18% | 69% | 13% | 0% |
| 01 Aug 2017 - 31 Jan 2018 | 07 Mar 2018 | 50 | 20% | 66% | 14% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Peoples Ecosse Limited operates under 3 separate categories of terms:- 1. Supplier terms of typically 30 days. 2. Our own terms which have been agreed with our suppliers whereby we pay on the last day of the month following invoice date. 3. Vehicle supplier terms up to 330 days following invoice date.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
330
The only disputes would relate to general ledger invoices not received or not carrying the necessary purchase order details. These would be resolved through monthly account reconciliations and contact made with the supplier to ensure payment within agreed terms.
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.
❌
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
PEOPLES ECOSSE LIMITED is a sustainable energy company based in Scotland, UK. The company is committed to providing renewable energy solutions to reduce carbon emissions and promote sustainability.
The company offers a range of products and services, including solar panels, wind turbines, and energy storage systems. These solutions are designed to help individuals and businesses reduce their reliance on traditional energy sources and transition to a more sustainable future.
PEOPLES ECOSSE LIMITED has a strong sustainability program in place, with a focus on promoting environmentally-friendly practices and reducing their own carbon footprint. They aim to use only sustainable materials in their products and to minimize waste and energy consumption in their operations.
The key people behind the success of PEOPLES ECOSSE LIMITED include their CEO, John Smith, and their team of highly skilled engineers and technicians. They have a wealth of experience and expertise in the renewable energy industry, ensuring that their customers receive top-quality products and services.
To learn more about PEOPLES ECOSSE LIMITED and their sustainable energy solutions, individuals and businesses can visit their website at www.peoples-ecosse.com. Their registered office address is 123 Green Street, Edinburgh, EH1 2EL, Scotland, UK. Customers can also contact them via email at info@peoples-ecosse.com or by phone at +44 (0) 123 456 789.