GOV.UK
SCIENTIFIC HOSPITAL SUPPLIES HOLDINGS LIMITED
Company number: 02502240
Reporting period:
1 July 2018
to 31 December 2018
This report was filed on 23 January 2019
and approved by PAUL BROMILOW
Payment statistics
Average time taken to pay invoices: 29 days
Invoices paid:
- within 30 days: 64%
- in 31 to 60 days: 26%
- in 61 days or more: 9%
Invoices due but not paid within agreed terms: 19 %
Payment terms
Shortest standard payment period
90 days
Longest standard payment period
120 days
Standard payment terms
Standard Payment Terms are 90 +2 days from the end of the month in which the expenditure is incurred. Any deviation from the Standard Payment Terms must be justified in the New Vendor Form prior to submission to Sourcing Function
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
120 days
Payable 120 days from the end of the month
Any other information about payment terms
N/A
Dispute resolution process
If a supplier has a complaint or dispute they will contact the UKIRL Accounts Payable department based in Wiltshire in the first instance, usually via email. The AP team will look into the status of the invoice and try and resolve the complaint with the supplier. If AP cannot resolve the complaint the AP team member will put the supplier in contact with the Buyer who requested the good/service. Danone follow a no PO no pay policy. The PO number is communicated by the Buyer to the Supplier at the point of placing an order. Danone reserve the right to reject invoices without PO's back to the Supplier
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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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