ESURE SERVICES LIMITED
Company number: 02135610
Reporting period:
1 January 2019 to 30 June 2019
Report filed on:
30 July 2019
Approved by:
S Long
Payment statistics
Average time taken to pay invoices: 37 days
Invoices paid:
- within 30 days: 64%
- in 31 to 60 days: 25%
- in 61 days or more: 11%
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: 36%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
esure Services Limited standard payment policy is to pay supplier invoices within 30 days from the date of receipt of the undisputed invoice, unless otherwise agreed with a supplier on a case-by-case basis.
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
90 days
There are very few supplier contractual payment periods of 90 days and these have only been negotiated where appropriate in the context of the contract.
Any other information about payment terms
No further comment provided
Dispute resolution process
Any invoices in dispute are passed to the appropriate team that requested the goods or services, in order for them to resolve the dispute. The dispute may then be escalated within the business if necessary. Any part of an undisputed invoice will continue to be paid as normal.
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