Trade Account Terms & Conditions

Trade Account Terms & Conditions for North West Recycling Limited

Updated 6th Jan 2026

1. Introduction

These Trade Account Terms & Conditions govern the provision of credit facilities by North West Recycling Ltd and supplement the Standard Terms & Conditions for Purchase of Goods and/or Services.

2. Credit Facility

• Credit Limit: The Supplier may set and vary the Customer’s credit limit at any time.
• Advance Payment: Required for any amounts exceeding the credit limit.
• Suspension: Services may be suspended if invoices are overdue or the credit limit is exceeded.

3. Payment Terms

• Invoices must be paid within 30 days of the invoice date unless otherwise agreed.
• Late Payment: Interest accrues daily at 4% per annum above the Bank of England base rate until payment is received.
• Costs of Recovery: The Supplier reserves the right to recover reasonable costs incurred in pursuing late payments, including legal fees.

4. Termination

The Supplier may terminate the Trade Account facility at any time without affecting obligations under existing service agreements.

5. Hierarchy Clause

In the event of any conflict between these Trade Account Terms and the Supplier’s Standard Terms & Conditions, the Standard Terms & Conditions shall prevail unless expressly agreed otherwise in writing.

6. Data Protection

The Supplier will process personal data in accordance with applicable data protection laws, including UK GDPR and the Data Protection Act 2018.