DELTA DISPLAY LIMITED
Company number: 02627811
Reporting period:
1 July 2018 to 31 December 2018
Report filed on:
31 January 2019
Approved by:
Duncan Miller
Payment statistics
Average time taken to pay invoices: 78 days
Invoices paid:
- within 30 days: 11%
- in 31 to 60 days: 16%
- in 61 days or more: 73%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 1%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
90 days
Standard payment terms
Delta Display Limited's standard payment terms are 90 days for its largest suppliers. Delta Display Limited will consider alternative payment terms for smaller organisations.
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
Delta Display Limited will consider alternative payment terms depending on the size of the company that it is contracting with.
Any other information about payment terms
N/A
Dispute resolution process
The Accounts Payable team at Delta Display Limited will handle any concerns regarding invoices and payment of invoices. The Accounts Payable team are able to escalate concerns to senior finance colleagues quickly in order to resolve disputes in a timely and efficient manner.
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