ASTON MANOR LIMITED
Company number: 01699439
Reporting period:
1 July 2022 to 31 December 2022
Report filed on:
26 January 2023
Approved by:
Emma Weller
Payment statistics
Average time taken to pay invoices: 39 days
Invoices paid:
- within 30 days: 37%
- in 31 to 60 days: 49%
- in 61 days or more: 14%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 0%
Payment terms
Shortest standard payment periods
45 days
Longest standard payment period
75 days
Standard payment terms
Aston Manor's standard terms of purchase are end of month following date of presentation of a valid and correct invoice for 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
75 days
Payment periods are subject to individual contractual negotiations.
Any other information about payment terms
Supplier terms are defined on our new vendor form for individual purchasing contracts.
Dispute resolution process
Suppliers can email accounts.payable@astonmanor.co.uk to request a payment date for their invoices and to lodge payment queries.
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