| 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 Jan 2019 - 30 Jun 2019 | 03 Jul 2019 | 40 | 36% | 46% | 17% | 46% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days is standard 60 - 90 days for larger 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
130
Any queries are dealt with in the first instance by the Finance department, matters are dealt with as quickly as possible. If escalation is required this will be directed to the Finance Director.
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
Distinction Doors Limited is a Barnsley-based manufacturer and supplier of composite entrance doors. The company describes itself as the UK's leading composite door supplier, offering bespoke doors in an extensive range of colours, styles and glass designs. Its doors feature a rigid polymer sub-frame, high density insulated core and high impact resistant GRP skin, with most products SBD-compliant for enhanced security. Products are manufactured to the company's own quality standards and supplied exclusively to trade customers, such as fabricators and installers, across the United Kingdom, rather than sold directly to homeowners.
Generated from the company's website and Companies House records. Sources: distinctiondoors.co.uk · distinctiondoors.co.uk