ELBROOK (CASH & CARRY) LIMITED

Company number: 01839722

Reporting period:
1 February 2018 to 31 July 2018

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This report was filed on 20 August 2018

and approved by A.Khalid

Payment statistics

Average time taken to pay invoices: 30 days

Invoices paid:

• within 30 days: 83%
• in 31 to 60 days: 15%
• in 61 days or more: 2%

Invoices due but not paid within agreed terms: 0%

Payment terms

Shortest standard payment periods

3 days

Longest standard payment period

90 days

Standard payment terms

according to terms of contract with suppliers almost 83% in standard payment in 30days

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

Answer not provided

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

N/A

Maximum contractual payment period agreed

90 days

nil

Any other information about payment terms

Very few company's allowed 90days credit for us to take the benefit of this credit term

Dispute resolution process

nothing to report

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, 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