CARLISLE FLUID TECHNOLOGIES UK LIMITED
Company number: 07656273
Reporting period:
1 January 2019 to 30 June 2019
Report filed on:
25 July 2019
Approved by:
Sarah Godden
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 18%
- in 31 to 60 days: 76%
- in 61 days or more: 6%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 6%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
Vendor dependent. Proforma invoices 0 days, max vendor credit terms 60 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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
If an invoice can't be matched against receipted items on the system, the held will be 'held' while the issue is investigated with Goods In and Purchasing. If resolved the invoice will be processed and paid. If not the vendor will be contacted to help resolve, issues/problems can arise from missing or short deliveries, price etc. Once resolved if the invoice has gone beyond terms it will be included within the next payment run or matched against a credit note if one is due.
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