P.J. CAREY PLANT HIRE (OVAL) LIMITED
Company number: 00941354
Reporting period:
1 April 2018 to 30 September 2018
Report filed on:
30 October 2018
Approved by:
Alan McCarthy
Payment statistics
Average time taken to pay invoices: 63 days
Invoices paid:
- within 30 days: 12%
- in 31 to 60 days: 61%
- in 61 days or more: 27%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 32%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
76 days
Standard payment terms
The Company’s payment terms can vary by contract and supply, however our standard payment terms for supplier payments are 45 days end of month from invoice date.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
76 days
No further comment provided
Any other information about payment terms
We operate on standard payment terms unless specifically agreed between our supplier and our Group Procurement Manager.
Dispute resolution process
At P J Carey Plant Hire (Oval) Ltd, we strive to resolve payment queries in a timely basis. We are committed to dealing fairly with and promptly paying our suppliers.
In respect of disputes with our suppliers, our Accounts payable team will expedite a resolution assisted by our Procurement and relevant site teams.
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 Fair 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