JUPITER HOTELS LIMITED
Company number: 07550805
Reporting period:
1 January 2020 to 30 June 2020
Report filed on:
7 August 2020
Approved by:
Andrew Pring
Payment statistics
Average time taken to pay invoices: 53 days
Invoices paid:
- within 30 days: 20%
- in 31 to 60 days: 48%
- in 61 days or more: 32%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 7%
Payment terms
Shortest standard payment periods
45 days
Longest standard payment period
76 days
Standard payment terms
The business's standard payment terms are 45 days following the end of the month in which a correct invoice is received.
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
76 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
Any payment queries or disputes should be direct in the first instance to the originator of the purchase order. Unresolved issues may be directed to ap@jupiterhotels.co.uk or Jupiter Hotels Limited, 1st Floor, 40 Oxford Road, High Wycombe, Buckinghamshire, HP11 2EE. We aim to respond to any payment queries or disputes within 5 working days. Any payment dispute shall be considered on its own merits.
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.
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