WINTERFLOOD SECURITIES LIMITED
Company number: 02242204
Reporting period:
1 February 2025 to 31 July 2025
Report filed on:
29 August 2025
Approved by:
Simon Rafferty
Payment statistics
Average time taken to pay invoices: 24 days
Invoices paid:
- within 30 days: 77%
- in 31 to 60 days: 21%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 24%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Winterflood Securities Limited agrees
appropriate terms of payment with
suppliers for each transaction or series of
transactions, and abides by those terms
based on the timely submission of valid
invoices.
In the absence of agreed terms with a
supplier, the Group’s policy is to pay
within 60 days of receipt of a valid
invoice.
The most frequently agreed term with
suppliers is 30 days from receipt of a valid
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
60 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
Winterflood Securities Limited and the supplier will first attempt to resolve any
dispute by referring it for formal
discussion between Winterflood
Securities Limited authorised representative and the supplier (both
acting reasonably and in good faith). If
Winterflood Securities Limited authorised
representative and the supplier are for
any reason unable to resolve the dispute
within 14 days of the date of its referral to
them, the dispute may be referred to
court by either Winterflood Securities
Limited or the supplier.
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.
No
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