ENOVERT SOUTH LIMITED
Company number: 02664840
Reporting period:
1 July 2019 to 31 December 2019
Report filed on:
22 January 2020
Approved by:
Saranne Hooton
Payment statistics
Average time taken to pay invoices: 55 days
Invoices paid:
- within 30 days: 19%
- in 31 to 60 days: 51%
- in 61 days or more: 30%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 30%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
90 days
Standard payment terms
Standard payment terms 60 days from date of invoice
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
90 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
Business will notify suppliers of a dispute within 30 days of receipt of goods/services detailing the reason for the dispute and those invoices received that are disputed (the invoice affected by the dispute). These invoices will be held for payment until disputed reason is satisfied (consideration for payment on account for part of service that is satisfied). The business shall engage in negotiation, callaboration, mediation to resolve any disputes.
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.
Yes
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