GOV.UK
OGILVIE FLEET LIMITED
Company number: SC067027
Reporting period:
1 July 2017
to 31 December 2017
This report was filed on 25 January 2018
and approved by Jill Stephen
Payment statistics
Average time taken to pay invoices: 27 days
Invoices paid:
- within 30 days: 92%
- in 31 to 60 days: 7%
- in 61 days or more: 1%
Invoices due but not paid within agreed terms: 8 %
Payment terms
Shortest standard payment period
14 days
Longest standard payment period
30 days
Standard payment terms
Our Standard Payment Terms are 28 days
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
28 days
Most of our contracts are reviewed annually
Any other information about payment terms
N/A
Dispute resolution process
Our system allows us to mark an invoice as "disputed" to prevent it being picked up for payment. We always go back to the supplier and query any discrepancy against the agreed price versus the invoiced price. Everything we are invoiced for, has had the price agreed beforehand, i.e. new vehicle purchases, daily hire charges and vehicle maintenance costs and is signed off by the relevant department head.
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
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