CARE UNBOUND LIMITED
Company number: 06528491
Reporting period:
1 April 2023
to 30 September 2023
This report was filed on 30 October 2023
and approved by Lesley Jay
Payment statistics
Average time taken to pay invoices: 14 days
Invoices paid:
- within 30 days: 95%
- in 31 to 60 days: 5%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 2 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
We use a standard term of 30 days for payments.
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
We use 30 day payment terms for all invoices unless the supplier specifies something different. There are no extended contractual payment relationships at this present time.
Dispute resolution process
All correspondence with suppliers is via our central email address bics.invoicing@nhs.net. Any dispute over invoices, amounts or bank details are managed by our Finance team to enable the quickest and best resolution. We endeavour to respond to any emails within 5 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.Yes – Prompt Payment Code
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