SCA INVESTMENTS LIMITED
Company number: 08027386
Reporting period:
1 July 2024 to 27 December 2024
Report filed on:
31 January 2025
Approved by:
Nicholas James BUCKLE
Payment statistics
Average time taken to pay invoices: 46 days
Invoices paid:
- within 30 days: 12%
- in 31 to 60 days: 81%
- in 61 days or more: 7%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 85%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
The company pays the majority
of suppliers with a weekly BACS
payment run. All invoices due
and cleared for payment at this
time are processed in the
payment run. Operating a once
a week BACS payment run can
result in invoices being paid up
to one week late which
materially impacts the
company's payment statistics.
90 % of invoices were paid
within 7 days of the due dates
within the period.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Complaints or concerns should
be passed to the accounts
payable team, quoting the
purchase order number and
invoice details. The accounts
payable team will then escalate
to the relevant department to
resolve any outstanding issues
around price, quantity or
delivery.
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