Published reports

GUIDE DOGS FOR THE BLIND ASSOCIATION(THE)

Company number: 00291646

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

Reporting period:

1 January 2022 to 30 June 2022

Report filed on:

1 August 2022

Approved by:

Mark Johnstone

Payment statistics

Average time taken to pay invoices: 26 days

Invoices paid:

  • within 30 days: 97%
  • in 31 to 60 days: 3%

Late and disputed:

  • payments due in the reporting period which have not been paid within the agreed period: 12%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

60 days

Standard payment terms

Payments are made by BACS once a week and cheques every 6 months due to the cost of cheque processing

Were there any changes to the standard payment terms in the reporting period?

No

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

30 days

N/A

Any other information about payment terms

No further comment provided

Dispute resolution process

Any disputes are investigated and reconciled on a monthly basis, any outstanding items are checked and a decision is made on what action to take.

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 Fair Payment Code must commit to paying 95% of their invoices within 60 days.

No, this business has not signed up to a code of conduct or standards on payment practices.

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