KINDERTONS LIMITED
Company number: 03711080
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
21 July 2025
Approved by:
JOANNE HARMAN
Payment statistics
Average time taken to pay invoices: 34 days
Total value paid:
- within 30 days: £24,884,799 (71%)
- in 31 to 60 days: £9,468,964 (27%)
- in 61 days or more: £851,838 (2%)
Invoices paid:
- within 30 days: 47%
- in 31 to 60 days: 47%
- in 61 days or more: 6%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £13,750,928
- payments due in the reporting period which have not been paid within the agreed period: 63%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
2 days
Longest standard payment period
60 days
Standard payment terms
30 days
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
N/A
Any other information about payment terms
The largest weighting of payments are paid through the fortnightly BACS runs. The suggested payment report runs everything due up to that specified day which is then paid the following day, by virtue of this, every payment on a BACS run would be paid outside of the terms. The majority of payments that are paid within agreed terms are the credit repair payments, however payments that fall due on a weekend are paid outside the agreed terms and would be paid on the Monday.
Dispute resolution process
The Company is committed to dealing with its suppliers in a fair and professional manner and aims to resolve queries as quickly as possible. In the event that a dispute cannot be resolved by our Purchase Ledger team, the query will be discussed between the relevant Head of Department and the supplier to seek a satisfactory resolution for both supplier and the Company.
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