SHELTER, THE NATIONAL CAMPAIGN FOR HOMELESS PEOPLE LIMITED
Company number: 01038133
Reporting period:
1 April 2018 to
30 September 2018
This report was filed on 8 February 2019
and approved by Timothy Gutteridge
Payment statistics
Average time taken to pay invoices: 13 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 6%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 10%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
We offer 30 days which is an acceptable standard.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
We provide purchase orders to our suppliers. This clearly states the quantity and price. If the supplier fulfills the order then our requisitioners will receipt the order so the supplier invoice will be paid within our standards terms. If the invoice is in dispute, then the requisitioner will advise why they have not receipted the order. e.g., damaged good returned.
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, 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