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ASTRA GAMES LTD

Company number: 09280224

Reporting period:
1 July 2019 to 31 December 2019

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This information is as reported by the business, and responses are in their own words.

This report was filed on 31 January 2020

and approved by Stewart Baker

Payment statistics

Average time taken to pay invoices: 57 days

Invoices paid:

• within 30 days: 5%
• in 31 to 60 days: 56%
• in 61 days or more: 39%

Invoices due but not paid within agreed terms: 22 %

Payment terms

Shortest standard payment period

30 days

Longest standard payment period

90 days

Standard payment terms

Standard payment terms are 30 days "End of Month" i.e. an invoice dated 15th April would be paid in the payment run to credit the supplier's account on the penultimate working day of May.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

90 days

Any other information about payment terms

N/A

Dispute resolution process

Disputes with regard to productive parts would be resolved with reference to evidence of signed delivery notes etc.
Disputes with regard to services would involve contacting the supplier for more information and resolving with the authorising manager.
Disputes with regard to whether a payment has been made or not will be evidenced with bank information.

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