CHRISTIE MANSON & WOODS LIMITED
Company number: 01128160
Reporting period:
1 January 2024
to 30 June 2024
This report was filed on 29 July 2024
and approved by Tim Norman
Payment statistics
Average time taken to pay invoices: 17 days
Invoices paid:
- within 30 days: 92%
- in 31 to 60 days: 6%
- in 61 days or more: 2%
Invoices due but not paid within agreed terms: 8 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
In consideration of the supply of Goods and/or Services by the Supplier, Christie’s shall pay the invoiced amounts within 30 days of the date of a correctly rendered invoice to a bank account nominated in writing by the Supplier. Terms & Conditions are posted on http//:www.christies.com/purchase-order-terms
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
N/A
Dispute resolution process
All invoices in dispute are passed to the appropriate team that requested the goods or services in- order for them to resolve the dispute. It may then be referred onto the senior management of the company if necessary.
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
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