Published reports

HIGHBRIDGE CARAVAN CENTRE LIMITED

Company number: 01953871

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

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