GLEN DIMPLEX UK LIMITED
Company number: 01313016
Reporting period:
1 April 2026 to 30 September 2026
Report filed on:
22 October 2026
Approved by:
Ashley Cooper
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 44 days
Total value paid:
- within 30 days: £10,372,666 (32%)
- in 31 to 60 days: £11,305,885 (34%)
- in 61 days or more: £11,184,113 (34%)
Invoices paid:
- within 30 days: 40%
- in 31 to 60 days: 34%
- in 61 days or more: 26%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £9,508,451
- payments due in the reporting period which have not been paid within the agreed period: 31%
- not made in the reporting period due to a dispute: 31%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
121 days
Standard payment terms
The business manages all queries through query resolution and has a dedicated team to manage queries. If there is a dispute, the business will call/email the relevant vendors/requesters and follow up with an email to resolve. The business conducts periodic governance reviews on the performance of the query team to ensure that queries are resolved timely and satisfactorily, thereby ensuring a build-up of invoices on hold is avoided and vendors are paid accurately.
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
121 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Any invoices in dispute are forwarded to the buyer holding the relationship with the supplier to allow them to come to an agreement.
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