| 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 Apr 2019 - 30 Sept 2019 | 23 Jan 2020 | 12 | 91% | 1% | 8% | 53% |
| 01 Sept 2018 - 31 Mar 2019 | 27 Sept 2019 | 9 | 92% | 3% | 5% | 55% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 7 | 95% | 2% | 3% | 45% |
| 01 Oct 2017 - 31 Mar 2018 | 24 Apr 2018 | 6 | 97% | 2% | 1% | 43% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
STANDARD CONTRACTUAL TERMS FOR GOODS AND SERVICES IS 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
THE INVOICE IS PASSED TO THE PERSON AUTHORISED TO ACCEPT OR REJECT THE INVOICE. IN THE CASE OF A DISPUTE THAT PERSON WILL CONTACT THE SUPPLIER TO RAISE THE QUERY. THE SUPPLIER AND THE AUTHORISING PERSON WILL RESOLVE THE DISPUTE. THE DISPUTED INVOICE WILL BE TREATED ON AN AD-HOC BASIS AS IT'S DEFINED BY THE UNDERLYING CONTRACT TERMS. ONCE RESOLUTION IS REACHED INVOICE WILL BE CLEARED FOR PAYMENT
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.
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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
E D & F Man Shipping Limited is a UK registered company incorporated in November 1983 and currently active. Its registered business classification is sea and coastal freight water transport, indicating involvement in the movement of goods by sea and coastal routes. No further details of specific trading activities, fleet, routes or client base are available from the evidence supplied. The company's registered office is in London. No additional descriptive material about its operations, ownership structure or group relationships has been provided beyond these structured facts.
Generated from the company's website and Companies House records.