COMMUNITY NETWORK SERVICES LIMITED
Company number: 02084279
Reporting period:
1 July 2019 to 31 December 2019
Report filed on:
24 January 2020
Approved by:
Nicholas Loader
Payment statistics
Average time taken to pay invoices: 21 days
Invoices paid:
- within 30 days: 80%
- in 31 to 60 days: 19%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 27%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Payment of invoices will be made on the usual monthly terms unless otherwise agreed – as stated in the Conditions of Purchase on CNS Purchase Orders.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Suppliers should send tax invoices which specify the correct Purchase Order number to the Accounts Payable department at Community Network Services Ltd, either by email to AccountsPayable@cnsonline.net or by post to Accounts Payable, Community Network Services Ltd, Western Docks, Southampton, SO15 1DA. For any payment queries, suppliers should contact the Accounts Payable department at Community Network Services Ltd, either by email to AccountsPayable@cnsonline.net or by phoning the switchboard on 02380 701701 and asking for the Accounts Payable department. The Accounts Payable department will look into suppliers’ queries as soon as possible, and will liaise with the purchaser and the supplier to resolve any queries or disputes to enable payment to be made as quickly as possible. Full Conditions of Purchase can be found on the Community Network Services Ltd Purchase Order.
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 Fair 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