DECORA BLIND SYSTEMS LIMITED
Company number: NI014427
Reporting period:
1 July 2019 to 31 December 2019
Report filed on:
31 January 2020
Approved by:
Jonathan McCluggage
Payment statistics
Average time taken to pay invoices: 34 days
Invoices paid:
- within 30 days: 43%
- in 31 to 60 days: 46%
- in 61 days or more: 11%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 51%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
120 days
Standard payment terms
We have multiple supplier payment terms They fall into one of the categories in the optional table below.
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
120 days
No further comment provided
Any other information about payment terms
0 Due Immediately 100 100% before shipping 14 DAYS Due 14 Days after invoice date 15 15 days after month end 20 20 days after shipping 21 21 days after BL Date 30 Due 30 Days after invoice date 30 BL Due 30 Days after BL 45 45 days after shipping date 50 50% with shipping docs 50% 50 days after boarding 60 Due 60 Days after invoice date 60 BL Due 60 Days after BL 7 Due at end of following week 7 DAYS 7 days after ETA BEFORE ETA 100% Before ETA CM Due at End of Month CM+21 Due end of Current Month + 21 Days DEPOSIT 3 30% deposit, 70% Before shipping DEPOSIT 5 30% deposit, 70% on BL DEPOSIT 6 30% deposit, 70% on arrival SHIPPING 100% on shipping 120 120 days after date of invoice
Dispute resolution process
Any invoices which do not match our order details will be queried and resolved via direct contact with the supplier, our Purchasing Department and our Accounts Payable team
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