BAGLAN OPERATIONS LIMITED

Company number: 03882153

Reporting period:
1 April 2019 to 30 September 2019

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This report was filed on 25 October 2019

and approved by M Higginbotham

Payment statistics

Average time taken to pay invoices: 14 days

Invoices paid:

• within 30 days: 90%
• in 31 to 60 days: 9%
• in 61 days or more: 1%

Invoices due but not paid within agreed terms: 14%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

Answer not provided

Standard payment terms

Standard payment terms are 30 days by default but primarily driven by the suppliers standard payment terms.

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

252 days

There has been no change to the standard payment terms of 30 days, with the exception of one service with one supplier which required a change to the maximum payment period

Any other information about payment terms

N/A

Dispute resolution process

To avoid a delay in payment, suppliers should ensure invoices are addressed to invoices@calonenergy.com as well as the relevant department contact i.e. the person who initiated the supply of the relevant good or service. Complaints or concerns regarding invoice payment will initially be considered and resolved by the department contact who has initiated the supply of the relevant good or service. Escalation of a complaint or concern will be progressed internally to the head of department where appropriate.

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