BETA This is a new service – your feedback will help us to improve it.

THE CENTRE FOR HEALTH AND DISABILITY ASSESSMENTS LIMITED

Company number: 09072343

Reporting period:
1 October 2018 to 31 March 2019

---

This information is as reported by the business, and responses are in their own words.

This report was filed on 18 April 2019

and approved by Michael Batty

Payment statistics

Average time taken to pay invoices: 37 days

Invoices paid:

• within 30 days: 66%
• in 31 to 60 days: 12%
• in 61 days or more: 22%

Invoices due but not paid within agreed terms: 13 %

Payment terms

Shortest standard payment period

0 days

Longest standard payment period

60 days

Standard payment terms

Our standard payment terms are 30 days from the date of invoice. We do hold individual agreements with some of our partners with differing terms ranging from 0 day terms to 60 day terms.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

60 days

One of our supplier's payment has been made according to their due date which was end of following month . It meant that any of the invoices received before 30th paid more than 60 days.

Any other information about payment terms

We will be paying the above supplier within 60 days (which is our contract term) from now on regardless what they put on their invoices. They are aware of this. On this report 24% of the invoices are from them which effected the figures.

Dispute resolution process

Our purchase department deal with any complaints. They will talk to the supplier and discuss it with them. Try to find a resolution and check with our financial controller to agree on the solution.

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.

Yes

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