GOV.UK
RESMED EPN LTD
Company number: 06863315
Reporting period:
1 July 2017
to 31 December 2017
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 3 July 2018
and approved by Andrew Huxter
Payment statistics
Average time taken to pay invoices: 30 days
Invoices paid:
- within 30 days: 50%
- in 31 to 60 days: 50%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 50 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
30 days from date of invoice unless there is significant delay in receiving the invoice. We request (but do not insist on) electronic invoices to avoid unnecessary delays.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
The company only has payments to one vendor in the period, with a significant connection to the UK.
Dispute resolution process
Disputes/complaints are referred to the Accounts Payable Manager, who will in turn escalate to the Financial Controller if necessary.
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
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