CHICKEN CABINS LIMITED
Company number: 00865970
Reporting period:
1 July 2022
to 31 December 2022
This report was filed on 21 February 2023
and approved by Aly Janmohamed
Payment statistics
Average time taken to pay invoices: 21 days
Invoices paid:
- within 30 days: 97%
- in 31 to 60 days: 3%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 2 %
Payment terms
Shortest standard payment period
14 days
Longest standard payment period
45 days
Standard payment terms
Standard payment terms are that all approved invoices will be paid within 45 days, unless other terms have been individually agreed. However, the majority of suppliers are paid sooner.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
45 days
Any other information about payment terms
N/A
Dispute resolution process
Every effort will be made to resolve a dispute at first point of contact within the business.
If unfortunately, a dispute is not immediately resolved it will be escalated as follows:
Email acknowledgement within 2 working days
Investigation to resolution within 21 working days
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