| 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 Oct 2018 - 31 Mar 2019 | 14 Jun 2019 | 20 | 80% | 17% | 3% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 14 Jun 2019 | 18 | 83% | 14% | 3% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms of 30 days
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
Any resolution disputes will be handled within the Finance Department at Nottingham City Homes. Nottingham City Homes are committed to paying invoices within 30 days, therefore would seek a resolution within that time frame. In order to ensure all invoices are paid on time, all purchase orders issued by Nottingham City Homes advise where to send supplier invoices and all terms and conditions are on the back of each purchase order.
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
Nottingham City Homes Limited is part of the NCH Group, a wholly owned Nottingham City Council company structure originally established to manage the council's social housing portfolio. The group's activities cover management of council housing stock, including repairs, maintenance and related property services. A separate registered entity within the group, Nottingham City Homes Registered Provider Limited, is named on current group communications, suggesting some group functions now sit under that entity rather than this one. Companies House records this company as a private company limited by guarantee, classified under other business support service activities, reflecting its role in administering housing management services on behalf of the local authority rather than as a commercial trading business.
Generated from the company's website and Companies House records. Sources: nottinghamcityhomes.org.uk · find-and-update.company-information.service.gov.uk