ETEX BUILDING PERFORMANCE LIMITED
Company number: 02163844
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
1 September 2025
Approved by:
Hayley Josephine WILLIAMS
Payment statistics
Average time taken to pay invoices: 59 days
Total value paid:
- within 30 days: £44,676,663 (36%)
- in 31 to 60 days: £39,810,297 (32%)
- in 61 days or more: £40,534,072 (32%)
Invoices paid:
- within 30 days: 26%
- in 31 to 60 days: 30%
- in 61 days or more: 44%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 82%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
98 days
Standard payment terms
End of month plus 65 days Intercompany: 20th of the month following month of invoice This is for existing customers For new customers, the standard payment term is 60 days net
Were there any changes to the standard payment terms in the reporting period?
For new customers, the standard payment term is 60 days net
Were suppliers notified or consulted about these changes before they were made?
As part of the onboarding process, new suppliers have been notified
Maximum contractual payment period agreed
150 days
End of month plus 4 months (those on supplier finance)
Any other information about payment terms
Unable to get the data on disputed invoices so entered as 0
Dispute resolution process
Any complaints, concerns or disputes regarding payments should be directed to Accounts Payable, which is part of the Shared Service department. Accounts Payable will actively seek to resolve disputes through discussion with the supplier on a timely basis. If Accounts Payable have a query or dispute on an invoice, they will contact the supplier immediately. In the event that a response is not forthcoming, the dispute can be escalated to the relevant department raising the purchase order. Where it is not possible to reach an agreement, the dispute may be escalated to the Purchasing Department.
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.
Yes
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