ST MUNGO COMMUNITY HOUSING ASSOCIATION
Company number: 08225808
Reporting period:
1 April 2018
to 30 September 2018
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 30 April 2019
and approved by Robert Napier
Payment statistics
Average time taken to pay invoices: 32 days
Invoices paid:
- within 30 days: 77%
- in 31 to 60 days: 14%
- in 61 days or more: 9%
Invoices due but not paid within agreed terms: 15 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
For repairs to housing stock - 30 Days. For all other payments - end of the calendar month following the calendar month when delivery was made.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
61 days
Any other information about payment terms
N/A
Dispute resolution process
Disputes are resolved in accordance with the contractually-agreed dispute resolution procedure. The standard procedure is set out in St Mungo's terms and conditions.
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