GOV.UK
SEACHILL UK LIMITED
Company number: 00481280
Reporting period:
1 January 2021
to 30 June 2021
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 14 July 2021
and approved by Lee Gibson
Payment statistics
Average time taken to pay invoices: 38 days
Invoices paid:
- within 30 days: 23%
- in 31 to 60 days: 74%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 84 %
Payment terms
Shortest standard payment period
7 days
Longest standard payment period
60 days
Standard payment terms
30 days are our standard payment terms with 60 days from date of invoice being our maximum agreed terms with a supplier. There have been no changes to our standard terms within the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
Any other information about payment terms
N/A
Dispute resolution process
All payment disputes are directed to the on-site Accounts Payable team, who can be contacted via email or phone. All disputes will be investigated in a timely and efficient manner.
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