| 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 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 42 | 22% | 73% | 5% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 07 Feb 2019 | 43 | 18% | 76% | 6% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 44 | 15% | 80% | 5% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Supplier accounts are linked to payment profiles which determine when invoices become eligible for payment. Approximately 25% of the group's wider supplier accounts are payable at the end of the month following the invoice date (maximum), approximately 40% are payable 28 days after the invoice date, approximately 35% are payable 14 days after the invoice date, and < 1% are payable 7 days after invoice date (shortest)
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
60
Query/dispute resolution is carried out by either the individual who initiated and placed the purchase order, or a member of the central accounts payable team. This can be escalated if required
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
FOUR SEASONS (BAMFORD) LIMITED is a liquidation private limited company, incorporated on 7 June 2006, based in the North West region. Registered business activity: Other human health activities.
From Companies House records.