HUNTER BOOT LIMITED
Company number: SC327869
Reporting period:
1 July 2018
to 31 December 2018
This report was filed on 20 February 2019
and approved by Ray McNiece
Payment statistics
Average time taken to pay invoices: 33 days
Invoices paid:
- within 30 days: 57%
- in 31 to 60 days: 36%
- in 61 days or more: 7%
Invoices due but not paid within agreed terms: 8 %
Payment terms
Shortest standard payment period
21 days
Longest standard payment period
60 days
Standard payment terms
Hunter Boot Limited key suppliers of goods for resale for which standard payment terms are 21 days from invoice date. Standard terms for most of the remainder of our supplier base is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
Any other information about payment terms
N/A
Dispute resolution process
Payment issues or disputes of a technical or administrative nature are resolved by the Accounts Payable Manager. Payment issues or disputes of any other nature are passed to the responsible individual in the company who contracted for the goods or services for resolution.
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