MYATT'S FIELD DEVELOPMENT LLP
Company number: OC373429
Reporting period:
1 February 2019
to 31 July 2019
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 3 January 2020
and approved by Mark Francis
Payment statistics
This company stated that it entered into qualifying contracts in the reporting period, but did not make any payments.
Invoices due but not paid within agreed terms: 0 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
30 days
Standard payment terms
Invoices are settled within the month
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
NA
Any other information about payment terms
NA
Dispute resolution process
Queries are investigated by the bought ledger team or commercial team and resolutions sought
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