| 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 |
|---|---|---|---|---|---|---|
| 28 Apr 2019 - 26 Oct 2019 | 13 Feb 2020 | 38 | 38% | 41% | 21% | 50% |
| 29 Apr 2018 - 27 Oct 2018 | 07 Mar 2019 | 38 | 52% | 18% | 30% | 46% |
| 29 Oct 2017 - 28 Apr 2018 | 19 Jun 2018 | 51 | 41% | 8% | 51% | 52% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
'Carpetright Plc does not have standard payment terms but is cognisant of terms defined in individual contracts with suppliers, which may vary. Our standard policy is to initiate payments at the end of the month following the month of receipt of the invoice, unless otherwise dictated by the contract. The most common payment terms of invoices paid during the reporting period were 21 days net, 30 days EOM, 30 days Nett, 45 days Nett, and 60 days EOM.
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
75
Information on dispute resolution can be found on our corporate web site www.carpetright.co.uk
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
Carpetright Limited is the registered entity behind the retail business that now trades as Tapi Carpets & Floors. It sells carpets, vinyl, luxury vinyl tiles, laminate and engineered wood flooring, along with artificial grass, through more than 220 stores nationwide, including John Lewis concessions, and mobile showrooms. Customers can book in-store consultations or free home visits, and the business arranges measuring, planning, delivery, fitting, and uplift and removal of old flooring, alongside interest-free credit options. The company describes itself as offering a full range of flooring services from initial inspiration through to installation. It was originally incorporated in 1988 and continues to operate as an active company registered in Essex.
Generated from the company's website and Companies House records. Sources: carpetright.co.uk · carpetright.co.uk