GOV.UK
CENTERPLATE UK LIMITED
Company number: 04242557
Reporting period:
1 March 2019
to 31 August 2019
This report was filed on 30 September 2019
and approved by Laurent Arnaudo
Payment statistics
Average time taken to pay invoices: 43 days
Invoices paid:
- within 30 days: 24%
- in 31 to 60 days: 64%
- in 61 days or more: 12%
Invoices due but not paid within agreed terms: 11 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
91 days
Standard payment terms
Centerplate UK Limited does not have standard payment terms.
Payment terms are agreed with suppliers as part of contract negotiations.
The most frequently used payment terms in the reporting period are 45 days from end of month
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
91 days
Any other information about payment terms
N/A
Dispute resolution process
Extract taken from Centerplate UK Ltd Terms and Conditions for the purchase of goods and/or services:
8.7 If the amount of any invoice or any other sum payable under the Contract is subject to a bona fide dispute between the parties, the following provisions shall apply:
8.7.1 the Customer shall pay to the Supplier, in accordance with these Conditions, all amounts not disputed in good faith by the Customer;
8.7.2 the Customer shall notify the Supplier as soon as is reasonably practicable after receiving an invoice and in any event within 30 days after the date of its receipt of the relevant invoice of any disputed items describing
in reasonable detail its reasons for disputing each item (including the amount of the invoice that is disputed); and
8.7.3 the Parties shall seek to reach settlement on the items that are the subject of the dispute in accordance with condition 14.8;
8.7.4 subject to clause 8.7.3, upon resolution of any sum which the Customer agrees to pay or it is determined that the Customer shall pay (whether such agreed or determined sum is the amount originally invoiced or a different amount), that sum shall become payable by the Customer within 30 days of that agreement or determination (as the case may be).
Extract taken from Centerplate UK Ltd covering letter issued to all suppliers:
o Centerplate UK trades via a web based operation and accounts system (based on the Indicater software). Any order upon which you act must be a valid Purchase Order, (LIN & minimum of 5 numbers) generated from our Indicater system. You must be in receipt of this PO number before you initiate any delivery.
o Delivery must be accompanied by an itemised & priced delivery note/invoice (POD) that quotes the PO number, delivery date, branch name and address. Once the goods/services have been checked this must be signed by a Centerplate senior member of staff as proof of delivery.
We reserve the right to refuse payment of any invoice that doesn’t quote the valid PO Number.
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