ROBINSON WEBSTER (HOLDINGS) LIMITED
Company number: 01069599
Reporting period:
1 October 2017
to 31 March 2018
This report was filed on 24 April 2018
and approved by Charles Atterton
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 22%
- in 31 to 60 days: 36%
- in 61 days or more: 43%
Invoices due but not paid within agreed terms: 0 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
90 days
Standard payment terms
Our payment terms vary across our supply base up to a max of 90 days driven by a number of factors including the type of product, goods or services provided, other commercial terms in place, size of contract and market. We always seek to pay invoices on time according to the agreed terms.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Non Stock 1 - 30 days
Stock - 14 - 90 Days
Some advance payments are also needed from time to time for specific contracts.
Any other information about payment terms
N/A
Dispute resolution process
Contact suppliers as soon as possible and implement a weekly payment plan for the short term to relieve pressure - Keep in contact with suppliers as much as we can.
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