| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2019 - 31 Dec 2019 | 14 Feb 2020 | 24 | 62% | 36% | 2% | 25% |
| 01 Apr 2019 - 30 Sept 2019 | 15 Oct 2019 | 23 | 70% | 28% | 2% | 18% |
| 01 Oct 2018 - 31 Mar 2019 | 09 Apr 2019 | 24 | 68% | 30% | 2% | 18% |
| 01 Apr 2018 - 30 Sept 2018 | 17 Oct 2018 | 26 | 62% | 36% | 2% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most common terms we have for paying suppliers is End of Month Following. That is we intend to pay at the end of the calendar month following invoice date (eg May invoice would be paid at the end of June). This has been converted to 45 days as (30 days in a month plus 15 days to accounts for timing of date of invoice). The standard terms offered are usually dependent on the the type of supply received, .
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
We will only dispute invoices if there is a quality or delivery issue or if theree is a price difference between order and invoice. The dispute will be dealt with through our purchase invoice approval system, if the dispute isn't resolved through the approval system or through communication with the supplier by means of credit note or proof of delivery, we will attempt to agree with the supplier as to how best resolve the dispute. If our supplier feels the need to seek court action to force payment, we will defend our position as appropriate on a casa by case basis.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
LINEAGE UK WAREHOUSING LIMITED is an active private limited company, incorporated on 4 November 1955, based in the North West region. Registered business activity: Wholesale of fruit and vegetables; Wholesale of other food, including fish, crustaceans and molluscs; Freight transport by road.
From Companies House records.