AVANTE CARE AND SUPPORT LIMITED

Company number: 02565021

Reporting period:
1 April 2021 to 30 September 2021

This information is as reported by the business, and responses are in their own words.

This report was filed on 29 October 2021

and approved by Debbie Norman

Payment statistics

Average time taken to pay invoices: 25 days

Invoices paid:

within 30 days: 84%
in 31 to 60 days: 13%
in 61 days or more: 3%

Invoices due but not paid within agreed terms: 29%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

Answer not provided

Standard payment terms

Unless specified by the supplier, Avante's standard payment terms are applied which are 30 days from date of invoice.

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

30 days

n/a

Any other information about payment terms

N/A

Dispute resolution process

Any queries routed through the Finance Dept will be coordinated by the Finance team. They will liaise with the supplier and budget holder until the query is resolved. It should be noted that invoice queries take some time to resolve and will be reflected in the "late payment" statistic reported.

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.

Yes, this business has signed up to: Prompt Payment Code

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.

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.

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?