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Company number: 04513124

Reporting period:
1 July 2017 to 31 December 2017

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

This report was filed on 26 January 2018

and approved by Richard Cotton

Payment statistics

Average time taken to pay invoices: 43 days

Invoices paid:

Invoices due but not paid within agreed terms: 73 %

Payment terms

Shortest standard payment period

1 days

Longest standard payment period

60 days

Standard payment terms

30 days from invoice date.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

60 days

Dechra Limited purchases from business with 60 day payment terms as their standard.

Any other information about payment terms

Dechra Limited pays its invoices on average within 43 days. Due to our payment terms being based on number of days FROM invoice date and our payment cycle being twice a month we make payments late to these terms. However our supplier base is happy with our payment processes. We are currently reviewing our standard terms so they better reflect our payment practices.

Dispute resolution process

Dechra Limited resolve payment disputes quickly and efficiently. When an invoice is presented at Dechra Limited it should quote a purchase order reference. In the case of a query on quantity or price the local purchasing team will contact the supplier directly by phone or email to reach resolution.

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.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?