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RAWLE GAMMON & BAKER HOLDINGS LIMITED

Company number: 00308273

Reporting period:
1 October 2020 to 31 March 2021

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

This report was filed on 30 April 2021

and approved by Rachel Dafforn

Payment statistics

Average time taken to pay invoices: 46 days

Invoices paid:

• within 30 days: 10%
• in 31 to 60 days: 84%
• in 61 days or more: 6%

Invoices due but not paid within agreed terms: 1 %

Payment terms

Shortest standard payment period

1 days

Longest standard payment period

90 days

Standard payment terms

End of month following

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

No

Maximum contractual payment period agreed

90 days

Any other information about payment terms

N/A

Dispute resolution process

All queries relating to invoicing inaccuracy are handled by a central team at head office who will work with the relevant branch and supplier to get the query resolved. The invoice will be placed in query and will not be paid until the issue is resolved. Suppliers are informed of held invoices and are able to contact the accounts payable team at head office if they wish to. Once resolved, payment will be made in accordance with the terms of the contract or in the next available payment run if the invoice is overdue.

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.

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