EVALUATE LIMITED
Company number: 05876322
Reporting period:
1 January 2024 to 30 June 2024
Report filed on:
11 February 2026
Approved by:
Vicky Harris
Payment statistics
Average time taken to pay invoices: 28 days
Invoices paid:
- within 30 days: 85%
- in 31 to 60 days: 6%
- in 61 days or more: 9%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 31%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
The business’s payment terms are agreed with suppliers on a contractual basis and may vary depending on the nature of the goods or services supplied and the commercial arrangements in place. Invoices are payable in accordance with the payment terms set out in the relevant contract or purchase order. The business requests 60 day terms from suppliers as a baseline.
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
The business has processes in place for resolving disputes relating to payment. Disputes are reviewed and addressed through direct engagement with suppliers, and payment is made in accordance with contractual terms once disputes are resolved.
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