PCT HEALTHCARE LIMITED
Company number: 01768840
Reporting period:
1 June 2024 to
30 November 2024
This report was filed on 23 December 2024
and approved by Sarah Jones
Payment statistics
Average time taken to pay invoices: 54 days
Invoices paid:
- within 30 days: 25%
- in 31 to 60 days: 61%
- in 61 days or more: 14%
Invoices due but not paid within agreed terms: 14%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
197 days
Standard payment terms
Standard payment terms are 30 days from 15th of the month
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
61 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
Wholesalers - have their own processes which we have to follow in order to make any claims or query any purchases. This may include creating a credit claim that is sent to the customer service teams, which is done in store. Other suppliers - we have a team in purchase ledger who use a designated email address. They contact the person who placed the order for authorisation of all invoices. If this is in query, the person who placed the order would be contacted, by email or phone call, the company the invoice belonged to and the person they placed the order with.
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, 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