PLASTIC OMNIUM AUTOMOTIVE LIMITED
Company number: 03275572
Reporting period:
1 July 2019
to 31 December 2019
This report was filed on 13 March 2020
and approved by Patrick Le Garrec
Payment statistics
Average time taken to pay invoices: 59 days
Invoices paid:
- within 30 days: 13%
- in 31 to 60 days: 65%
- in 61 days or more: 22%
Invoices due but not paid within agreed terms: 22 %
Payment terms
Standard payment period for qualifying contracts
60 days
Standard payment terms
The Company's standard payment terms are 60 days from the date of the suppliers invoice (standard in our sector). In certain cases e.g. supplies of staffing services, shorter payment terms are in force ,agreed individually with suppliers.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
115 days
Any other information about payment terms
N/A
Dispute resolution process
** Please note - all supplier invoices should be sent to uk.invoices@plasticomnium.com
The ukaccounts@plasticomnium.com mailbox should be used for statements and enquiries **
Invoices must quote our purchase order number. Disputes not resolved via the above email address should be taken up with the respective buyer.
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