MAXI HAULAGE LIMITED
Company number: SC054932
Reporting period:
1 April 2019 to 30 September 2019
Report filed on:
10 May 2024
Approved by:
Carrieanne Rogerson
Payment statistics
Average time taken to pay invoices: 20 days
Invoices paid:
- within 30 days: 78%
- in 31 to 60 days: 20%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 1%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
60 days
Standard payment terms
Standard payment terms are last day of the month following invoice date. Self bill payment terms are 14 days from completion of work.
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
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Invoices should be priced based on approved purchase orders and will be disputed if not in agreement. Payment is only made when dispute is resolved. If there is no purchase order quoted then the invoice is returned to the supplier and request for purchase order number is made. It is the supplier's responsibility to obtain the purchase order number from the relevant department. If price of purchase order does not match invoice then the invoice is returned to the supplier to issue a credit note. If they dispute purchase order price it is the suppliers responsibility to liase with relevant department to update if appropriate.
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