S.D. TAYLOR LIMITED
Company number: 00550055
Reporting period:
1 July 2018
to 31 December 2018
This report was filed on 31 January 2019
and approved by David Thompson
Payment statistics
Average time taken to pay invoices: 20 days
Invoices paid:
- within 30 days: 87%
- in 31 to 60 days: 7%
- in 61 days or more: 6%
Invoices due but not paid within agreed terms: 35 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
30 days
Standard payment terms
Standard payment terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Suppliers are either on net 30 days or lower.
Any other information about payment terms
The main point of contact for disputes is Loans At Home's Accounts Payable department in Leeds. When an invoice is disputed, the supplier will be contacted indicating the invoice number and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. The email address for supplier queries is invoices@loansathome.co.uk
Dispute resolution process
The main point of contact for disputes is Loans At Home's Accounts Payable department in Leeds. When an invoice is disputed, the supplier will be contacted indicating the invoice number and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. The email address for supplier queries is invoices@loansathome.co.uk
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