BETA This is a new service – your feedback will help us to improve it.

ROBINSON WEBSTER (HOLDINGS) LIMITED

Company number: 01069599

Reporting period:
1 April 2018 to 29 September 2018

---

This information is as reported by the business, and responses are in their own words.

This report was filed on 26 November 2018

and approved by Claire Wain

Payment statistics

Average time taken to pay invoices: 49 days

Invoices paid:

• within 30 days: 33%
• in 31 to 60 days: 43%
• in 61 days or more: 25%

Invoices due but not paid within agreed terms: 84 %

Payment terms

Shortest standard payment period

1 days

Longest standard payment period

90 days

Standard payment terms

Our payment terms vary across our supply base up to maximum of 90 days, this is driven by many factors including types of product, goods or services provided, Other commercial terms in place, size of contract and market.
We always seek to pay our suppliers invoices within the week the invoices are due - we run our payment runs once a week.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

90 days

90 days

Non Stock 1 - 30 days
Stock - 14 - 90 Days
Some advance payments are also needed from time to time for specific contracts.

Any other information about payment terms

N/A

Dispute resolution process

Contact supplier and discuss why invoices are being disputed and find a fast resolution.

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