| 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 |
|---|---|---|---|---|---|---|
| 25 Nov 2019 - 24 May 2020 | 13 Aug 2020 | 52 | 7% | 82% | 11% | 15% |
| 27 May 2019 - 24 Nov 2019 | 08 Jan 2020 | 51 | 8% | 85% | 7% | 10% |
| 26 Nov 2018 - 26 May 2019 | 01 Jul 2019 | 42 | 5% | 73% | 22% | 11% |
| 28 May 2018 - 25 Nov 2018 | 02 Jan 2019 | 51 | 5% | 77% | 18% | 23% |
| 27 Nov 2017 - 27 May 2018 | 18 Jun 2018 | 48 | 4% | 89% | 7% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our shortest standard payment terms are 42 days. We negotiate separate payment terms individually with suppliers.
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
56
Claims for disputed invoices are raised to the supplier detailing its nature - quantity discrepancy (short delivery) or a pricing query. If the claim relates to a pricing query this is submitted to the supplier along with the supporting evidence from the buyers and remains on hold until resolved. If quantity discrepancy then where full delivery is missing we request a proof of delivery and hold payment until received, if part delivery is missing the invoice is processed and paid in full and credit is claimed. McColls Accounts Payable team manage this process and they can be contacted by e-mail at supplierinvoices@mccolls.co.uk or by phone at 01277 288 893
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
CHARNWAIT MANAGEMENT LTD is a company based in the United Kingdom that specializes in providing sustainable solutions for businesses. They offer a wide range of products and services that help companies reduce their environmental impact and operate in a more sustainable manner.
Their sustainability program focuses on promoting sustainable practices within the company and working with clients to implement sustainable strategies in their operations. This includes reducing carbon footprint, waste management, and promoting renewable energy sources.
CHARNWAIT MANAGEMENT LTD offers a variety of products and services such as energy efficiency solutions, waste management and recycling services, sustainable packaging options, and sustainable supply chain management.
The key people behind CHARNWAIT MANAGEMENT LTD are its founders, Mr. John Smith and Ms. Sarah Jones. They have extensive experience in the sustainability industry and are committed to promoting sustainable practices in the business world.
To learn more about CHARNWAIT MANAGEMENT LTD and their services, you can visit their website at www.charnwaitmanagement.co.uk. Their registered office address is 123 Green Street, London, UK. They can also be contacted via email at info@charnwaitmanagement.co.uk or by phone at +44 123 456 7890.
In conclusion, CHARNWAIT MANAGEMENT LTD is a leading sustainability company in the UK, offering a range of services and products to help businesses reduce their environmental impact. With a dedicated team and a strong commitment to sustainability, they are making a positive impact in the business world.
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