APEM LIMITED
Company number: 02530851
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
29 January 2026
Approved by:
Nicola Hunter
Payment statistics
Average time taken to pay invoices: 42 days
Total value paid:
- within 30 days: £1,535,845 (22%)
- in 31 to 60 days: £4,260,658 (61%)
- in 61 days or more: £1,195,024 (17%)
Invoices paid:
- within 30 days: 36%
- in 31 to 60 days: 41%
- in 61 days or more: 23%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £768,803
- payments due in the reporting period which have not been paid within the agreed period: 6%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
Payment terms with suppliers during onboarding or as part of individual contract negotiations. Terms vary depending on the nature of the service, the commercial relationship, and any specific project requirements.
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
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
If a supplier invoice is disputed, the Accounts Payable team will first liaise with the supplier to clarify and attempt resolution. Where the issue cannot be resolved directly, it will be referred to the relevant internal contact (such as a project or contract manager) to investigate and work with the supplier to resolve the matter. Further escalation may take place if needed to ensure timely resolution
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