SUNDERLAND CARE AND SUPPORT LIMITED
Company number: 08681649
Reporting period:
1 October 2023 to 31 March 2024
Report filed on:
22 April 2024
Approved by:
Darren Lough
Payment statistics
Average time taken to pay invoices: 11 days
Invoices paid:
- within 30 days: 94%
- in 31 to 60 days: 4%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 6%
Payment terms
Shortest standard payment periods
5 days
Longest standard payment period
Answer not provided
Standard payment terms
The Company aims to pay all undisputed invoices within 5 days from the date of invoice, however there are some vendors which are setup for immediate payment or others with 30 day contracted payment terms. The agreed formal payment terms for reporting and monitoring purposes is 30 days.
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
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
The Company uses the Council's Accounts Payable Service. Invoices which don’t match the purchase order / goods receipt will be blocked and investigated. Blocked invoices on the financial system are monitored to ensure they don’t become overdue. A customer service telephone number is available to suppliers for invoice queries.
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.
Yes, this business has signed up to: 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