| 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 | 04 Feb 2020 | 35 | 50% | 39% | 11% | 11% |
| 01 Oct 2018 - 31 Mar 2019 | 04 Feb 2020 | 52 | 36% | 39% | 25% | 25% |
| 01 Apr 2018 - 30 Sept 2018 | 04 Feb 2020 | 42 | 21% | 72% | 7% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
All invoices paid within 30 days providing they are not disputed or need to be agreed between relevant parties. SPV PFI project company which means many costs are pass-through and payment cannot be made until an agreement between our "supplier" and "customer".
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
PFI SPV company. All significant costs are pass-throughs and therefore disputes would be resolved between the "supplier" and "customer". Finance Manager of the SPV will mediate any dispute if necessary.
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
PETERBOROUGH PRISON MANAGEMENT HOLDINGS LIMITED is an active private limited company, incorporated on 9 January 2002, based in the Yorkshire and The Humber region. Registered business activity: Activities of other holding companies not elsewhere classified; Justice and judicial activities.
From Companies House records.