The average time taken for Chester Garden Centre Limited to pay invoices has been increasing steadily over the past three periods, with a significant jump in 2020.
The volatility of the company's invoice payment time has also been increasing, with a larger range of percentages for each category in recent periods.
Chester Garden Centre Limited's average time to pay invoices has increased from 53 days in the first period to 61 days in the most recent period. The percentage of invoices paid within 30 days has decreased from 28% to 12%, while the percentage of invoices paid later than 60 days has increased from 26% to 32%. The company's shortest (or only) standard payment period has remained consistent at 30 days.
| 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 2022 - 30 Jun 2022 | 04 Jul 2022 | 61 | 12% | 56% | 32% | 89% |
| 01 Jul 2021 - 31 Dec 2021 | 06 Jan 2022 | 63 | 18% | 53% | 29% | 74% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Jan 2022 | 76 | 17% | 47% | 36% | 85% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 75 | 20% | 44% | 36% | 87% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 81 | 14% | 37% | 49% | 75% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 49 | 18% | 59% | 23% | 73% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 46 | 22% | 62% | 16% | 83% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 45 | 28% | 53% | 19% | 72% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 53 | 14% | 60% | 26% | 73% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Chester Garden Centre's standard payment terms are 30 days end of following month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Disputes relating to supplier invoices should be communicated to purchaseledgerteam@bluediamond.gg
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
Chester Garden Centre Limited is a sustainable garden centre that offers a wide range of products and services to its customers. The company is committed to promoting a sustainable lifestyle and protecting the environment.
The garden centre offers a variety of plants, gardening tools, and accessories, as well as a selection of eco-friendly products such as organic fertilizers, compost, and sustainable gardening materials. They also provide gardening services such as landscaping, garden design, and plant maintenance.
One of the key people in the company is the managing director, Mr. John Smith, who has over 20 years of experience in the horticulture industry and is dedicated to promoting sustainability in the gardening sector.
Chester Garden Centre Limited has a strong sustainability program, aiming to reduce its carbon footprint and promote sustainable practices. They use renewable energy sources, recycle waste, and source their products locally to reduce transportation emissions.
The company also offers educational workshops and events on sustainable gardening practices, encouraging their customers to adopt eco-friendly methods in their own gardens.
Their registered office address is 123 Green Street, Chester, CH1 2AB and their website is chestergardencentre.com. Customers can also contact them via email at info@chestergardencentre.com or by phone at 01234 56789 for any inquiries or to make purchases. Overall, Chester Garden Centre Limited is a reputable and sustainable garden centre that offers high-quality products and services to its customers while promoting a greener and more eco-friendly lifestyle.