GENTOO HOMES LIMITED
Company number: 04739226
Reporting period:
1 October 2022
to 31 March 2023
This report was filed on 17 April 2023
and approved by Emily Cox
Payment statistics
Average time taken to pay invoices: 23 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 7%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 7 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
Within thirty days from the Company’s receipt of the Supplier’s invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
N/A
Dispute resolution process
Any disputes relating to payments should be directed to the Payments Team. The Payments Team can be contacted at Emperor House, 2 Emperor Way, Doxford International Business Park, Sunderland, SR3 3XR, or via e-mail invoices@gentoogroup.com or telephone 0191 525 2763. We aim to resolve all disputes promptly and will do so by liaising with suppliers and sub-contractors.
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