BEDALES SCHOOL
Company number: 00276785
Reporting period:
1 August 2017 to 31 January 2018
Report filed on:
14 May 2018
Approved by:
RICHARD LUSHINGTON
Payment statistics
Average time taken to pay invoices: 30 days
Invoices paid:
- within 30 days: 92%
- in 31 to 60 days: 6%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 5%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
30 days
Standard payment terms
Standard payments terms are 30 days
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
30 days
No further comment provided
Any other information about payment terms
Payments are made as soon as practicably possible once they have been authorised by the relevant budget holder
Dispute resolution process
1. The supplier should contact the purchase ledger via purchaseledger@bedales.org.uk in the first instance outlining the details of their dispute and include a copy invoice if the dispute concerns late payment. 2. The purchase ledger will forward the query onto the department concerned for comment and action. 3. As soon as response is received it will be relayed to the supplier and payment made within 7 days if it is overdue
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