ENTIER LIMITED
Company number: SC342922
Reporting period:
1 October 2017 to 31 March 2018
Report filed on:
9 May 2018
Approved by:
Steven Ritchie
Payment statistics
Average time taken to pay invoices: 49 days
Invoices paid:
- within 30 days: 25%
- in 31 to 60 days: 43%
- in 61 days or more: 32%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 39%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
68 days
Standard payment terms
Credit period afforded by our 3rd party suppliers of contracted labour is 7 days Payments to main food supplier domestically and other areas where supplies are made can be up to 68 days
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
68 days
No variation
Any other information about payment terms
No further comment provided
Dispute resolution process
Company operates a reporting process with suppliers for any non-conformances in deliveries and price to be raised at point of supply and resolved with relevant parties. This may or may not result in a credit depending on the nature of the non-conformance. All non-conformances are closed out following successful resolution of dispute
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