HIGHBRIDGE CARAVAN CENTRE LIMITED
Company number: 01953871
Reporting period:
1 January 2022 to 30 June 2022
Report filed on:
26 August 2022
Approved by:
Lawrence Davies
Payment statistics
Average time taken to pay invoices: 34 days
Invoices paid:
- within 30 days: 47%
- in 31 to 60 days: 47%
- in 61 days or more: 6%
Late and disputed:
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
90 days
Standard payment terms
Highbridge Caravan Centre Ltd have long standing contracts in place with its suppliers, these range form 7 days to 90 day periods. We continue to be adhere to all payment terms in place, and in the unlikely event of any individual Invoices not being paid on time, then this is due to not receiving the Invoice, if this does happen, the supplier is contacted and a payment is processed as a matter of urgency.
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
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
In the rare event of a dispute over an Invoice, the buyers discuss the issue with the supplier to resolve the issue in a timely manner, and this is certainly within the terms and conditions of the purchasing contract.
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.
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