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PORTVIEW FIT-OUT LIMITED

Company number: NI010862

Reporting period:
1 December 2021 to 31 May 2022

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

This report was filed on 27 June 2022

and approved by Darragh Rutherford

Payment statistics

Average time taken to pay invoices: 28 days

Invoices paid:

• within 30 days: 45%
• in 31 to 60 days: 52%
• in 61 days or more: 4%

Invoices due but not paid within agreed terms: 5 %

Payment terms

Shortest standard payment period

14 days

Longest standard payment period

60 days

Standard payment terms

Standard terms are 30 days after month end.

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

Pricing queries will be addressed by the Buying Department or team member that raised the purchase order to resolve.

Disputes regarding undelivered goods are addressed by the Finance Department.

Disputes are reported to suppliers within 14 days.

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.

Yes

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