CENTERPRISE INTERNATIONAL LIMITED
Company number: 01738519
Reporting period:
1 September 2017
to 28 February 2018
This report was filed on 21 March 2018
and approved by Sharon Allen
Payment statistics
Average time taken to pay invoices: 35 days
Invoices paid:
- within 30 days: 46%
- in 31 to 60 days: 42%
- in 61 days or more: 12%
Invoices due but not paid within agreed terms: 12 %
Payment terms
Shortest standard payment period
28 days
Longest standard payment period
62 days
Standard payment terms
30 days ending month. So an invoice dated 1st November will be paid on the 31st December. An invoice dated 30th November will be paid on the 31st December. The average payment period is 45 days for standard payment terms
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Any other information about payment terms
N/A
Dispute resolution process
We require proof of delivery, or an invoice needs to be approved by the appropriate budget holder. Invoices have to agree to our authorised purchase orders
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.
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