Published reports

HIGHBRIDGE CARAVAN CENTRE LIMITED

Company number: 01953871

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

Reporting period:

1 July 2020 to 31 December 2020

Report filed on:

28 January 2021

Approved by:

Lawrence Davies


Payment statistics

Average time taken to pay invoices: 36 days

Invoices paid:

  • within 30 days: 54%
  • in 31 to 60 days: 39%
  • in 61 days or more: 7%

Late and disputed:

Payment terms

Shortest standard payment periods

7 days

Longest standard payment period

90 days

Standard payment terms

Highbridge Caravan Centre Ltd have a variety of long established trading contracts in place. For suppliers of shop, workshop and services rendered these suppliers tend to have payment terms that fall between 7 and 90 day periods. We adhere to their payment terms and conditions at all times. In the unlikely event that a payment made elapses the agreed terms it is typically due to a delay of receiving the Invoice. Once the oversight has been brought to our attention then the payment is then processed as a matter of urgency. Any queries regarding Invoices is flagged with the supplier in a timely manner, and well within the set payment terms.

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

90 days

No further comment provided

Any other information about payment terms

No further comment provided

Dispute resolution process

In the event of a dispute concerning a supplier Invoice, then this is discussed with the supplier concerned to resolve the query in a timely manner, and certainly within the contractual terms and conditions.

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