| 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 | 30 Jul 2019 | 53 | 17% | 64% | 19% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms vary per supplier and project. They range from an immediate payment to 90 days from invoice date. Payment runs are made twice weekly but daily runs can occur following authorisation.
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
90
Invoices are submitted to the buying department and to project managers for authorisation. Queries are flagged promptly enabling a fast resolution.
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
R.N. Wooler & Company Limited is a construction company based in the United Kingdom. The company was established in 1887 and has a long-standing reputation for delivering quality projects.
Sustainability is a key focus for R.N. Wooler & Company Limited, and they have implemented various initiatives to reduce their environmental impact. These include using sustainable materials, minimizing waste, and promoting energy efficiency in their projects. They are also committed to investing in the local community and have a strong social responsibility program.
The company offers a range of construction services, including new builds, renovations, and refurbishments. They have expertise in various sectors, including education, healthcare, commercial, and residential. Their projects are known for their high-quality finishes and attention to detail.
The key people at R.N. Wooler & Company Limited include Managing Director, David Wooler, and Construction Director, Richard Wooler. They are supported by a team of experienced professionals who are dedicated to delivering exceptional results for their clients.
For more information on their services and projects, visit their website at www.rnwooler.co.uk. Their registered office address is R.N. Wooler & Company Limited, 29-31 Castle Street, Carlisle, Cumbria, CA3 8SY.