DEBENHAMS PROPERTIES LIMITED
Company number: 00344823
Reporting period:
1 March 2020 to
29 August 2020
This report was filed on 21 September 2020
and approved by Mike Hazell
Payment statistics
Average time taken to pay invoices: 10 days
Invoices paid:
- within 30 days: 96%
- in 31 to 60 days: 1%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
Debenhams Properties Ltd ( In Administration) set the following standard payment terms with its suppliers: Estate related costs: 0-30 days Terms may vary in accordance with individual agreements with suppliers.
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
30 days
No further comment provided
Any other information about payment terms
Due to Debenhams Properties Ltd ( In Administration) being in administration since 09.04.2020, reporting on invoices over terms paid from this date only relates to post administration documents.
Dispute resolution process
Payment disputes are initially reported to the Supplier Management teams. The dispute can be further escalated to the Finance Manager and resolved with the appropriate action.
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