HIGHBRIDGE CARAVAN CENTRE LIMITED
Company number: 01953871
Reporting period:
1 January 2018 to 30 June 2018
Report filed on:
26 July 2018
Approved by:
Lawrence Davies
Payment statistics
Average time taken to pay invoices: 30 days
Invoices paid:
- within 30 days: 54%
- in 31 to 60 days: 42%
- in 61 days or more: 4%
Late and disputed:
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
90 days
Standard payment terms
Highbridge Caravan Centre Ltd have various supplier payment date agreements with its suppliers. The supplier of goods and services tend to have payment terms ranging from 7 to 90 days on offer. We endeavour to honour these terms at all times. Any payment that rarely elapses the agreed payment terms is typically down to a delay in the supplier providing the Invoice, for these instances payment is then processed as a matter of urgency. Any queries to do with supplier Invoices are addressed with the respective supplier within the payment period.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
The suppliers that we have the maximum payment period with are due to these suppliers offering this facility.
Any other information about payment terms
No further comment provided
Dispute resolution process
Any disputes are addressed with suppliers as soon as possible and within the agreed payment period.
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 Fair 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.
Yes
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