BOOTS INTERNATIONAL LIMITED
Company number: 04034358
Reporting period:
1 March 2023 to 31 August 2023
Report filed on:
4 October 2023
Approved by:
Rob Shortland
Payment statistics
Average time taken to pay invoices: 64 days
Invoices paid:
- within 30 days: 10%
- in 31 to 60 days: 48%
- in 61 days or more: 42%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 28%
Payment terms
Shortest standard payment periods
105 days
Longest standard payment period
Answer not provided
Standard payment terms
Our standard payment terms are 105 days end of month (unless agreed otherwise). This means that payment will be made on the 105th day after the end of the month of invoice (or the following business day should this fall on a weekend or bank holiday).
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
105 days
n/a
Any other information about payment terms
n/a
Dispute resolution process
Our purchase orders contain contact details (email and/or telephone) for the relevant helpdesk or department to which payment queries should be directed by suppliers. All queries are managed in accordance with our internal processes and dealt with as quickly as possible.
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.
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