| 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.
❌
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?
❌
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 UK-based company that specializes in the manufacturing and distribution of high-quality doors. The company was founded in 1989 and has since become a leading player in the door industry.
The company offers a wide range of doors, including entrance doors, french doors, bi-fold doors, and composite doors. These doors are known for their durability, energy efficiency, and stylish designs. The company also offers a bespoke service, allowing customers to customize their doors to their specific needs.
In terms of sustainability, DISTINCTION DOORS LIMITED is committed to reducing its environmental impact. The company has implemented various measures to ensure that its operations are as eco-friendly as possible. This includes using sustainable materials, reducing waste, and investing in renewable energy sources.
The key people at DISTINCTION DOORS LIMITED include the CEO, Mark Golding, and the Managing Director, Richard Hagan. Both have extensive experience in the door industry and are dedicated to driving the company's success.
Customers can contact the company through their website, which also contains information about their products, services, and sustainability program. The registered office address for DISTINCTION DOORS LIMITED is Unit 1, 2 and 3, Roebuck Park, Harrietsham, Maidstone, Kent, ME17 1AB.
In summary, DISTINCTION DOORS LIMITED is a reputable company that offers high-quality doors and is committed to sustainability. With a strong leadership team and a focus on customer satisfaction, the company continues to thrive in the door industry.