RCL CRUISES LTD
Company number: 07366612
Reporting period:
1 January 2022
to 30 June 2022
This report was filed on 28 July 2022
and approved by Lissa Landis
Payment statistics
Average time taken to pay invoices: 45 days
Invoices paid:
- within 30 days: 24%
- in 31 to 60 days: 57%
- in 61 days or more: 19%
Invoices due but not paid within agreed terms: 72 %
Payment terms
Shortest standard payment period
30 days
Longest standard payment period
75 days
Standard payment terms
Unless otherwise agreed in writing RCL Cruises Ltd will pay undisputed invoices within 75 days of receipt of a correctly prepared and properly due VAT invoice from a third party supplier. Invoices must generally state: the contact details of the RCL Cruises Ltd point of contact; the relevant purchase order number where applicable; relevant currency; all charges and applicable taxes, and a description of the goods/services.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
75 days
Any other information about payment terms
N/A
Dispute resolution process
RCL Cruises Ltd point of contact varies from supplier to supplier and in the first instance disputes are handled by the relevant business manager, with escalation to appropriate senior RCL Cruises Ltd contacts in order to reach resolution effectively. Additionally suppliers can contact our UK Accounts Payable team (accountspayable.uk@rccl.com).
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