Published reports

STORY CONTRACTING LIMITED

Company number: 03709861

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

Reporting period:

1 October 2024 to 31 March 2025

Report filed on:

25 April 2025

Approved by:

Edward Baker

Payment statistics

Average time taken to pay invoices: 31 days

Invoices paid:

  • within 30 days: 60%
  • in 31 to 60 days: 35%
  • in 61 days or more: 5%

Late and disputed:

  • payments due in the reporting period which have not been paid within the agreed period: 13%

Payment terms

Shortest standard payment periods

14 days

Longest standard payment period

62 days

Standard payment terms

Current month end plus one month

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

62 days

No further comment provided

Any other information about payment terms

No further comment provided

Dispute resolution process

Purchase Ledger Team refer queries to Procurement & Commercial Teams to deal with Supplier directly

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.

Yes, this business has signed up to: Construction Supply Chain Payment Charter

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