ESHER MAIL ORDER LIMITED
Company number: 00981703
Reporting period:
1 September 2017 to 28 February 2018
Report filed on:
19 March 2018
Approved by:
Mike Rees
Payment statistics
Average time taken to pay invoices: 34 days
Invoices paid:
- within 30 days: 77%
- in 31 to 60 days: 22%
- in 61 days or more: 1%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 43%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
Different payment terms will apply depending on the nature of the product/service received, as well as the country from which the goods are supplied. For example, products supplied from overseas will be settled either at the point of shipping, or at between 30 and 90 days from shipping. Products supplied from the UK will generally be settled on terms ranging from immediate payment to 60 days payment, and are influenced by early payment discounts.
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
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Where a contractual dispute arises with a supplier, the company will deal with the matter in a prompt and professional manner. Such disputes should initially be raised with the normal commercial contact at the company, and should further escalation be required this should be addressed to the Managing Director Core Retail, BVG Group Limited, Units 5-6, Ffrwdgrech Industrial Estate, Brecon, Powys LD3 8LA.
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