CLIPPER LOGISTICS PLC
Company number: 03042024
Reporting period:
1 November 2018 to 30 April 2019
Report filed on:
30 May 2019
Approved by:
D Hodkin
Payment statistics
Average time taken to pay invoices: 59 days
Invoices paid:
- within 30 days: 11%
- in 31 to 60 days: 26%
- in 61 days or more: 63%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 88%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
The business's standard payment terms are 60 days after the date of invoice or receipt of a correct invoice whichever is the later, unless otherwise agreed, subject to receipt of a supplier statement.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Any payment disputes should be directed to pledger@clippergroup.co.uk, through the switchboard on 0113 204 2050 or to Purchase Ledger, Clipper Logistics plc, Carlton Court, Gelderd Road, LEEDS, LS12 6LT. We aim to respond to any payment disputes within 48 hours of receipt. Each payment dispute is individually considered on its own merits.
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 Fair 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