Published reports

SOUTHAMPTON CONTAINER TERMINALS LIMITED

Company number: 01960484

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

Reporting period:

1 January 2019 to 30 June 2019

Report filed on:

17 July 2019

Approved by:

Nicholas Loader


Payment statistics

Average time taken to pay invoices: 31 days

Invoices paid:

  • within 30 days: 51%
  • in 31 to 60 days: 47%
  • in 61 days or more: 2%

Late and disputed:

  • payments due in the reporting period which have not been paid within the agreed period: 11%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

60 days

Standard payment terms

Unless otherwise agreed by the Parties in writing, SCT will pay for the Goods and Services within 30 days following the end of the month of receipt of a correct tax invoice which specifies the correct Purchase Order number. Value added tax (if applicable) is to be shown separately on all invoices as a net extra charge. Full Terms and Conditions of Purchase can be found on the DP World Southampton website: http://www.dpworldsouthampton.com/about/terms-and-conditions

Were there any changes to the standard payment terms in the reporting period?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

The standard payment period is 30 days following the end of the month of receipt of a correct tax invoice which specifies the correct Purchase Order number. Where we receive an invoice on the 1st of a month, 30 days following the end of the month of receipt of invoice is 60 days.

Any other information about payment terms

N/A

Dispute resolution process

Suppliers should send tax invoices which specify the correct Purchase Order number to the Accounts Payable department at DP World Southampton, either by email to AccountsPayable@dpworldsouthampton.com or by post to Accounts Payable, DP World Southampton, Western Docks, Southampton, SO15 1DA. For any payment queries, suppliers should contact the Accounts Payable department at DP World Southampton, either by email to AccountsPayable@dpworldsouthampton.com or by phoning the switchboard on 02380 701701 and asking for the Accounts Payable department. The Accounts Payable department will look into suppliers’ queries as soon as possible, and will liaise with the Procurement department and the supplier to resolve any queries or disputes to enable payment to be made as quickly as possible. Full Terms and Conditions of Purchase can be found on the DP World Southampton website: http://www.dpworldsouthampton.com/about/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, 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