GOV.UK
KENT ENVIROPOWER LIMITED
Company number: 02894377
Reporting period:
1 July 2019
to 31 December 2019
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 29 January 2020
and approved by Vicente Orts
Payment statistics
Average time taken to pay invoices: 34 days
Invoices paid:
- within 30 days: 83%
- in 31 to 60 days: 13%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 36 %
Payment terms
Shortest standard payment period
32 days
Longest standard payment period
33 days
Standard payment terms
Unless agreed otherwise in writing, payment of a valid invoice will be made within two business days of the end of the month following the month in which the invoice is dated
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
33 days
Any other information about payment terms
N/A
Dispute resolution process
Any disputes are addressed first by the FCC payables team who will discuss any issues arising with the supplier and will involve appropriate FCC operational personnel if required
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