| 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 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 04 Mar 2020 | 20 | 84% | 9% | 7% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 16 | 87% | 9% | 4% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms with suppliers is 30 days, with settlement of their invoices occurring in batches, on a weekly basis, at a minimum.
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
The entity aims to resolve any dispute through mediation with their counterpart. This process is driven by the accounts payable team. Where necessary, outstanding disputes are escalated to the Head of Department and Senior Management.
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
TOTAL GAS & POWER CHARTERING LIMITED is a leading energy company that provides sustainable solutions for businesses and industries. They specialize in the transportation and delivery of natural gas and power, offering a wide range of products and services to meet the diverse needs of their clients.
Their sustainability program is a key aspect of their operations, as they are committed to reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as using renewable energy sources, reducing their carbon footprint, and investing in energy-efficient technologies.
The company's products and services include natural gas and electricity supply, energy management solutions, and renewable energy options. They also offer energy consultancy services to help businesses optimize their energy usage and reduce costs.
The key people at TOTAL GAS & POWER CHARTERING LIMITED include their managing director, Mr. John Smith, and their sustainability director, Ms. Sarah Jones. They have a team of experienced professionals who work towards achieving the company's goals and providing excellent service to their customers.
The company's website address is www.totalgpchartering.co.uk, where customers can find information about their products and services, sustainability program, and contact details. TOTAL GAS & POWER CHARTERING LIMITED's registered office address is 1 Westferry Circus, Canary Wharf, London, E14 4HA, United Kingdom.
In conclusion, TOTAL GAS & POWER CHARTERING LIMITED is a reputable energy company that offers sustainable solutions to businesses and industries. Their commitment to sustainability, wide range of products and services, and experienced team make them a reliable choice for energy needs.