EAU ROUGE PROPERTIES, LTD.
Company number: 03899853
Reporting period:
1 October 2023 to 31 March 2024
Report filed on:
23 April 2024
Approved by:
Stephen N. Waldman
Payment statistics
Average time taken to pay invoices: 12 days
Invoices paid:
- within 30 days: 96%
- in 31 to 60 days: 4%
- in 61 days or more: 0%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
Standard payment terms
vary from due upon
receipt to 60 days
depending on the
vendor.
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
60 days
Disputed invoices will
incur extended payment
periods, which are
communicated both
internally and with the
respective vendor.
Any other information about payment terms
N/A
Dispute resolution process
Department managers
and the accounts
payable department are
responsible for resolving
disputes with vendors.
Disputes should be
resolved to adhere to
payment terms.
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.
Yes
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