ELBROOK (CASH & CARRY) LIMITED
Company number: 01839722
Reporting period:
1 February 2018 to 31 July 2018
Report filed on:
20 August 2018
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%
Late and disputed:
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?
No
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 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