FRANK ROBERTS & SONS LIMITED
Company number: 00170133
Reporting period:
1 March 2023
to 31 August 2023
This report was filed on 26 October 2023
and approved by Kathryn Waller
Payment statistics
Average time taken to pay invoices: 55 days
Invoices paid:
- within 30 days: 9%
- in 31 to 60 days: 65%
- in 61 days or more: 25%
Invoices due but not paid within agreed terms: 64 %
Payment terms
Shortest standard payment period
7 days
Longest standard payment period
75 days
Standard payment terms
Section 9 of our terms and conditions (https://www.robertsbakery.co.uk/terms-and-conditions/) states that invoices will be paid within 60 days of receipt of a valid invoice - we do however endeavour to pay invoices within 60 days of the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
Any other information about payment terms
N/A
Dispute resolution process
Any payment disputes should be directed to accountspayable@frank-roberts.co.uk, through the switchboard on 01606 41122 or to Accounts Payable, Frank Roberts & Sons Ltd, Lichfield House, Gadbrook Park, Northwich, CW9 7RQ.
We aim to respond to any payment disputes within 48 hours of receipt.
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