CAREWATCH CARE SERVICES LIMITED
Company number: 02949558
Reporting period:
1 April 2018
to 30 September 2018
This report was filed on 18 December 2018
and approved by Craig Hendry
Payment statistics
Average time taken to pay invoices: 47 days
Invoices paid:
- within 30 days: 47%
- in 31 to 60 days: 27%
- in 61 days or more: 26%
Invoices due but not paid within agreed terms: 68 %
Payment terms
Shortest standard payment period
7 days
Longest standard payment period
30 days
Standard payment terms
The company enters into a range of agreements for the goods/services it receives. The standard terms of the company are 30 days from receipt of a valid invoice.
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
Carewatch Care Services Limited actively seeks to resolve disputes by discussing with relevant personnel at the supplier. Discussions may involve accounts payable and credit control, procurement and commercial teams as well as members of management where 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