Published reports

JOHN REILLY (CIVIL ENGINEERING) LIMITED

Company number: 01987435

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

Reporting period:

1 September 2018 to 28 February 2019

Report filed on:

28 June 2019

Approved by:

Yip Lieu


Payment statistics

Average time taken to pay invoices: 55 days

Invoices paid:

  • within 30 days: 3%
  • in 31 to 60 days: 66%
  • in 61 days or more: 31%

Late and disputed:

Payment terms

Shortest standard payment periods

45 days

Longest standard payment period

Answer not provided

Standard payment terms

We have historically paid the bulk of our suppliers around the 15th of each month which coincides with the timing of our clients’ receipts. Our suppliers have supported this because of a long standing trading relationship built up over the years and the fact we have always been on time with our payment.

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

When possible, suppliers are informed by a telephone call of any invoice queries in the first instance, otherwise we email credit control with the copy of the disputed invoice giving the reason for the 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