Did you know?

1. 1 in 4 insolvencies are due to invoices being paid late,
2. Companies take almost 8 days longer now to pay than they did in 1998 when the Late Payment Act was introduced,
3. Over 40 percent of SME's would stop trade with a customer if paid late,
4. 38 percent of companies with-hold supplies from late paying accounts,
5. 80 percent of businesses have heard of the Late Payment Act but only 34 percent know the details of the legislation.

The Prompt Payer register supports and promotes prompt payment of invoices and ethical business practice. Late payment is the biggest threat to 35% businesses today, and almost £20 billion a year is lost to late and unpaid invoices. This leads to bankruptcy and job losses of 450,000.

Prompt Payer promotes Integrity in Business, gathering like-minded businesses who are proud to advertise that they pay their bills on time.

The Prompt Payer Register is now the fastest growing ethical trading register in the UK and has plans to launch in two European countries in 2009. Since 2003, the Prompt Payer register has attracted over 35,000 members, partners and associates who want to trade with other ethical companies and show that prompt payment is good for business.

We can help companies to become a registered ‘Prompt Payer’

Join now!