We have been recognised with the Fair Payment Code Gold Award status, the highest level of recognition available under the UK Government-backed scheme that champions fair and prompt payment practices. Gold recognises businesses that pay at least 95% of all invoices within 30 days, demonstrating a commitment to fair, transparent and collaborative relationships throughout their supply chain.
The award follows a review of the evidence and information submitted with Signal’s application, recognising the high standard of our payment practices. It provides external recognition of how we pay the people and businesses we work with.
For Signal, the accreditation reflects something that has always been important to the business: treating suppliers, freelancers and partners with the same respect and professionalism that clients expect from us.
In an industry built on collaboration, we sometimes rely on a network of trusted people and businesses who help us deliver exceptional creative work. Paying suppliers promptly is one of the simplest and most meaningful ways to demonstrate that they are valued.
Jamie Baikie, Owner of Signal, said. “Achieving Gold status is something we’re really proud of because it reflects how we’ve chosen to operate as a business from day one. We hope it also encourages more organisations to adopt similar standards. Fair payment shouldn’t be something businesses are recognised for doing, it should simply be the way business is done.”
The Fair Payment Code, administered by the Office of the Small Business Commissioner on behalf of the UK Government, was introduced to improve payment practices across UK industry and strengthen relationships between organisations and their suppliers. Businesses achieving Gold Award status must meet the highest of the Code’s three payment tiers and commit to its principles of being Clear, Fair and Collaborative with suppliers.
This award is not simply a badge of recognition. It reflects the values that underpin how we work every day: being dependable, building long-term relationships and doing the right thing.
As more organisations look for ways to strengthen their supply chains and support sustainable business growth, fair payment practices have an increasingly important role to play. Signal is proud to support the aims of the Fair Payment Code and encourages businesses of all sizes to review their own payment practices, adopting 30-day payment terms wherever possible.
When businesses pay fairly and on time, everyone benefits.