SURESERVE COMPLIANCE CENTRAL LIMITED
Company number: 03193203
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
29 October 2025
Approved by:
David Lummis
Payment statistics
Average time taken to pay invoices: 39 days
Invoices paid:
- within 30 days: 35%
- in 31 to 60 days: 61%
- in 61 days or more: 4%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 7%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
90 days
Standard payment terms
Sureserve Compliance Central Limited agrees payment terms with suppliers and subcontractors as part of contract negotiations. Payment terms vary from a lower range of immediate payment to 60 days from end of month. Our initial standard terms are 30 days end of month.
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
Sureserve Compliance Central Limited is committed to fair dealing with all of its supply chain members. Payment delays can occur in circumstances where agreement of payment from the end customer is delayed due to issues of rectification or validation of work performed by the supply chain. In those circumstances where we have delayed payments we pay our supply chain partners as soon as is reasonably practical thereafter.
Dispute resolution process
Sureserve Compliance Central Limited actively seeks to resolve disputes by discussing them with the relevant suppliers or subcontractors, involving our accounts payable team as the first point of contact. The process may then involve contract managers or senior management. Where it is not possible to reach agreement a number of dispute resolution methods such as mediation, adjudication, litigation and/or arbitration may be used.
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