CARLISLE FLUID TECHNOLOGIES UK LIMITED
Company number: 07656273
Reporting period:
1 July 2023 to 31 December 2023
Report filed on:
15 May 2024
Approved by:
Sarah Godden
Payment statistics
Average time taken to pay invoices: 30 days
Invoices paid:
- within 30 days: 59%
- in 31 to 60 days: 41%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 1%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
90 days
Standard payment terms
Range of terms, from 0 days/prepayment to CM60
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
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
If an invoice can not be match against receipted items on the ERP system, the invoice will be placed on hold while the issue is investigated internally with Goods In and Purchasing. If this doesn't resolve the issue the vendor will be contacted and requested to investigate at their end. Once resolved, which may result in a CM, or replacement shipment etc., the invoice will be removed from hold and processed. If beyond term, then the invoice will be processed in the next payment run (bi monthly)
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