| 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 2019 - 30 Jun 2019 | 17 Oct 2019 | 43 | 28% | 62% | 10% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jul 2019 | 44 | 19% | 74% | 7% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | 46 | 23% | 61% | 16% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
end of month following invoice date
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
105
Queries are raised with the supplier by the relevant purchasing/ordering department, as soon as practicable with the aim of resolving them before the invoice falls due. Any invoices with unresolved queries at the due date are withheld from payment until the dispute is resolved
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
DORMOLE LIMITED is a British company that specializes in providing sustainable and eco-friendly solutions in the field of construction and building materials. The company is committed to promoting sustainability in all aspects of its operations, from sourcing materials to manufacturing processes.
Their sustainability program includes using renewable and recycled materials in their products, reducing energy consumption and emissions, and implementing ethical and fair labour practices. DORMOLE LIMITED also has a strong focus on community engagement and invests in projects that benefit the environment and local communities.
Their product range includes eco-friendly building materials such as recycled plastic lumber, sustainable roofing solutions, and low-carbon concrete. These products not only meet high-quality standards but also contribute to reducing the carbon footprint of construction projects.
The key people behind DORMOLE LIMITED are its founder and managing director, John Smith, who has over 20 years of experience in the construction industry, and the sustainability director, Sarah Jones, who has a background in environmental science.
Customers can contact DORMOLE LIMITED through their website, where they can find information about their products and services, as well as their sustainability efforts. The company's registered office address is located in London, United Kingdom, and their website address is www.dormole.co.uk.
In summary, DORMOLE LIMITED is a British company that is dedicated to promoting sustainability in the construction industry through their eco-friendly products, ethical practices, and community involvement. With a strong team of experienced professionals, the company is committed to making a positive impact on the environment and society.