ERA HOME SECURITY LIMITED
Company number: 02838541
1 July 2018
to 31 December 2018
This report was filed on 30 January 2019
and approved by Mark Turner
Average time taken to pay invoices: 35 days
- within 30 days: 68%
- in 31 to 60 days: 29%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 3 %
Shortest standard payment period
Longest standard payment period
Standard payment terms
ERA Home Security Limited does not have standard payment terms. Specific payment terms are agreed directly with each supplier in advance of the commencement of business.
Were there any changes to the standard payment terms in the reporting period?
Maximum contractual payment period agreed
Any other information about payment terms
Dispute resolution process
Should a dispute arise in connection with goods or services supplied, ERA Home Security Limited will endeavour to settle the matter without delay. Disputes should in the first instance be notified to senior representative of both parties.
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.
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.
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.
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?
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?