GOV.UK
DIGNITY FUNERALS LIMITED
Company number: 00041598
Reporting period:
1 July 2021
to 31 December 2021
This report was filed on 26 January 2022
and approved by Mr Dean Moore
Payment statistics
Average time taken to pay invoices: 27 days
Invoices paid:
- within 30 days: 62%
- in 31 to 60 days: 31%
- in 61 days or more: 7%
Invoices due but not paid within agreed terms: 70 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
30 days
Standard payment terms
Our standard payment terms for our suppliers paid through our accounts payable process is 30 days. However, we do have a range of payment terms which are negotiated with individual suppliers on a case by case basis. —In addition to our normal payment processes, we also make a significant number of payments through our network of funeral locations. These payments generally represent disbursements incurred on behalf of our customers and, as such, are not subject to our formal payment terms and conditions. We have included these suppliers within our reporting. We endeavour to pay these suppliers promptly (usually within 7-14 days of receipt of invoice or provision of service).
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
56 days
Any other information about payment terms
N/A
Dispute resolution process
Dignity aims to resolve all disputes promptly and will normally do so by contacting suppliers directly. Any disputes over payments are directed to the Accounts department.
Disputes can be escalated up the management chain if subsequently required
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