PEVERIL SECURITIES LIMITED
Company number: 00516739
Reporting period:
1 March 2020 to 31 August 2020
Report filed on:
14 September 2020
Approved by:
Michelle Mucklestone
Payment statistics
Average time taken to pay invoices: 43 days
Invoices paid:
- within 30 days: 44%
- in 31 to 60 days: 41%
- in 61 days or more: 15%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 84%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
62 days
Standard payment terms
28 Days Net monthly 21st day of following month End of month following
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
62 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Any supplier or subcontractor dispute is dealt with by the Managing Director of the company.
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