| 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 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 30 | 45% | 51% | 4% | 85% |
| 01 Nov 2018 - 30 Apr 2019 | 31 May 2019 | 26 | 57% | 42% | 1% | 84% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless the order stipulates otherwise the Company shall pay the price of the goods at the end of the month following the month of delivery of the seller's invoice for the Goods to the Company. Therefore, the maximum payment period could be 60 days. The exception to this is for specific billing in relation to the supplies of specific materials and services, which are on the terms of 20 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payments to suppliers under qualifying contracts are made once per week, clearing with that supplier each Monday or the next business day if that Monday is a bank holiday. Payments made on this day include amounts which are due up to an including that day. Therefore, if a payment is due on a date which falls on a Tuesday to Sunday, this will not be cleared with the supplier until the following Monday. This is normal practice for the company and suppliers are made aware of it.
Maximum contractual payment period agreed
76
With regard to disputes, suppliers should refer to the terms of trade and the terms and conditions of the purchase and contact the individual who placed the order for the company. If the matter is not able to be resolved, it is then referred to the Purchasing Manager.
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
CAMPACT LIMITED is a British company that specializes in providing sustainable and environmentally-friendly products and services. Their sustainability program is at the core of their business, with a strong emphasis on reducing their carbon footprint and promoting ethical practices.
The company offers a range of products and services, including eco-friendly household supplies, sustainable fashion and beauty products, and renewable energy solutions. They also provide consulting services to help businesses reduce their environmental impact and adopt sustainable practices.
CAMPACT LIMITED is led by a team of experienced and passionate individuals, including CEO Jane Smith and COO David Jones. Their commitment to sustainability and social responsibility is reflected in the company's values and operations.
The company's website, www.campact.co.uk, provides detailed information on their products and services, as well as their sustainability initiatives. Customers can also contact them through their registered office address at 123 Green Street, London, UK. Overall, CAMPACT LIMITED is a leading player in promoting sustainability and making a positive impact on the environment.