EDDIE STOBART LIMITED
Company number: 00995045
Reporting period:
1 December 2018 to 31 May 2019
Report filed on:
28 June 2019
Approved by:
Anoop Kang
Payment statistics
Average time taken to pay invoices: 54 days
Invoices paid:
- within 30 days: 29%
- in 31 to 60 days: 39%
- in 61 days or more: 32%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 47%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
63 days
Standard payment terms
Standard payment terms are 63 days from the end of the month in which an approved invoice is dated
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
63 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 purchaseledgerstatements@eddiestobart.com and are actioned within 7 working days. Enquiries can also be made though the switchboard on 01925 605 400 or to Purchase Ledger, Eddie Stobart Ltd, Stretton Green Distribution Park, Langford Way, Appleton, Warrington, Cheshire WA4 4TQ. 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