THE CDA GROUP LIMITED
Company number: 02621460
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
30 July 2025
Approved by:
Paula Brown
Payment statistics
Average time taken to pay invoices: 23 days
Total value paid:
- within 30 days: £1,614,681 (16%)
- in 31 to 60 days: £2,289,122 (23%)
- in 61 days or more: £6,113,632 (61%)
Invoices paid:
- within 30 days: 79%
- in 31 to 60 days: 18%
- in 61 days or more: 3%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,063,290
- payments due in the reporting period which have not been paid within the agreed period: 94%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
150 days
Standard payment terms
China based suppliers – principally 90 or 120 days from the shipping date (from Chinese Port). Invoice date is shipping date.
European (excluding UK and Poland) based suppliers– principally 60 days from the end of the month of invoicing (60 days EOM).
Turkey based suppliers - 60 days EOM.
Poland (parent company) – 150 days from invoice date.
UK based suppliers – principally 30 – 60 days EOM
UK based Property Leases- quarterly in advance (payment due on date of invoice)
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
150 days
150 days from parent company
Any other information about payment terms
No further comment provided
Dispute resolution process
All disputes are initially referred to the Accounts Payable Team and escalated as necessary to the Financial Controller and then the Finance Director. Disputes are infrequent and are generally resolved within 7 working days maximum.
Disputes should be sent to finance@cda.eu or Finance Team, The CDA Group Ltd, Harby Road, Langar, Nottingham NG13 9HY. Telephone 01949 862000.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
Yes
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No