NORTHWOOD HYGIENE PRODUCTS LIMITED
Company number: 07022313
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Christopher Davies
Payment statistics
Average time taken to pay invoices: 38 days
Total value paid:
- within 30 days: £3,697,992 (33%)
- in 31 to 60 days: £6,225,014 (55%)
- in 61 days or more: £1,362,167 (12%)
Invoices paid:
- within 30 days: 33%
- in 31 to 60 days: 59%
- in 61 days or more: 8%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £627,839
- 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: 0%
Payment terms
Shortest standard payment periods
45 days
Longest standard payment period
120 days
Standard payment terms
30 days end of month
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
120 days
Although standard terms are 30EOM each negotiation will vary
Any other information about payment terms
Payments to factoring companies have been excluded
Dispute resolution process
Disputes can be escalated through the Finance Department, ultimately to the FD, with a requirement to provide a valid PO and POD
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