GOV.UK
SCOLMORE (INTERNATIONAL) LIMITED
Company number: 02513009
Reporting period:
1 November 2020
to 30 April 2021
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 30 August 2022
and approved by J Rogers
Payment statistics
Average time taken to pay invoices: 46 days
Invoices paid:
- within 30 days: 25%
- in 31 to 60 days: 61%
- in 61 days or more: 14%
Invoices due but not paid within agreed terms: 15 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
This is always in accordance with the standard offered by the supplier. Generally
i) at end of the month after the month in which invoice is received
ii) on a Thursday if no agreement for credit period
iii) 60 days from date of invoice where this is the supplier's standard terms
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
Dispute resolution depends on the type of disputes quantity/price differences.
Disputes are resolved by the department the invoice relates i.e purchasing/accounts
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