Score of 100/100 qualifies for PaymentCheck Certification
| 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 Jan 2023 - 31 Dec 2023 | 30 Apr 2024 | 5 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Direct Debit or 30 Days
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
30
We consider any complaints instantly
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
DEREK RAPHAEL & COMPANY LIMITED is a British company that specializes in providing sustainable solutions in the fields of construction, property development, and renewable energy. Founded in 2005, the company has a strong focus on sustainability and has implemented several initiatives to minimize its environmental impact.
Their sustainability program includes using eco-friendly materials in construction projects, utilizing renewable energy sources, and promoting green practices among their clients. The company also actively supports local communities through various social responsibility projects.
Their products and services range from property development and construction to renewable energy solutions such as solar panel installations and energy-efficient buildings. They also offer consultancy services in sustainable building practices, helping clients to reduce their carbon footprint.
The key people behind DEREK RAPHAEL & COMPANY LIMITED are the founder and managing director, Derek Raphael, and the operations director, Sarah Jones. Both have extensive experience in the construction and renewable energy industries and are committed to promoting sustainability in their work.
For more information about their services and sustainability program, the company can be contacted through their website at www.derekraphael.co.uk or through their registered office address at 56A High Street, London, NW1 0XX. DEREK RAPHAEL & COMPANY LIMITED is dedicated to providing sustainable solutions and making a positive impact on the environment and local communities.