CL & CO. MANAGEMENT SERVICES LTD
Company number: 02071658
Reporting period:
1 May 2017 to
31 October 2017
This report was filed on 19 February 2018
and approved by Andrew Sealey
Payment statistics
Average time taken to pay invoices: 25 days
Invoices paid:
- within 30 days: 65%
- in 31 to 60 days: 35%
Invoices due but not paid within agreed terms: 0%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms are 60 days following the end of the month of the invoice date
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
60 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
The Campbell Lutyens group have dedicated accounts payable staff that offer suppliers support through to query resolution. The staff can be contacted by email or phone Monday to Friday. Contact by e-mail is acknowledged within a maximum of 5 working days with the majority of phone calls being answered immediately. We aim to resolve all disputes within 5 working days of the query being raised.
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