PRO CAM CP LIMITED
Company number: 01420577
Reporting period:
1 July 2023 to 31 December 2023
Report filed on:
22 January 2024
Approved by:
David Parish
Payment statistics
Average time taken to pay invoices: 52 days
Invoices paid:
- within 30 days: 33%
- in 31 to 60 days: 41%
- in 61 days or more: 27%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 51%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
180 days
Standard payment terms
Procam CP Limited do not use standard payment terms
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
180 days
No further comment provided
Any other information about payment terms
Procam CP Limited adopts suppliers payment terms and pay invoices falling due, during the month, through month end bulk payments.
Dispute resolution process
Disputes and queries should be reported to Accounts payable, the department aims to resolve all disputes and queries in a timely manner.
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