MELITTA UK LTD.
Company number: 01243964
Reporting period:
1 January 2020 to
30 June 2020
This report was filed on 29 July 2020
and approved by M A Florey
Payment statistics
Average time taken to pay invoices: 53 days
Invoices paid:
- within 30 days: 12%
- in 31 to 60 days: 34%
- in 61 days or more: 54%
Invoices due but not paid within agreed terms: 93%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
90 days
Standard payment terms
60 days from date of invoice.
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
90 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
In the event of a dispute arising complaints will be dealt with by Purchasing Department & escalated to senior management as & when it is felt necessary.
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