HENDERSON WHOLESALE LIMITED
Company number: NI000068
Reporting period:
1 July 2021
to 31 December 2021
This report was filed on 28 January 2022
and approved by William Moore
Payment statistics
Average time taken to pay invoices: 51 days
Invoices paid:
- within 30 days: 17%
- in 31 to 60 days: 52%
- in 61 days or more: 31%
Invoices due but not paid within agreed terms: 11 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
99 days
Standard payment terms
It is Company policy to negotiate payment terms with individual suppliers. Payment terms will either be a certain number of days after the invoice date, or on a certain day of the month or months following invoice date.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
99 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
Queries are dealt with in the first instance by the Accounts Payable team. In the event that the Accounts Payable team are unable to resolve a dispute, it will be escalated to the relevant Head of Department.
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