| 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 Sept 2018 - 28 Feb 2019 | 28 Jun 2019 | 44 | 57% | 29% | 14% | 43% |
| 01 Sept 2017 - 28 Feb 2018 | 23 Apr 2018 | 54 | 30% | 46% | 24% | 70% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Trust implemented a new financial system in Sept 2017, including a change of address for suppliers to submit invoices. Whilst the Trust is committed to paying suppliers to agreed payment terms, there have been delayed payments while the new system has been implemented and embedded in the organisation.
Maximum contractual payment period agreed
31
Complaints should be logged with the CAST central finance department for investigation and response.
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
PLYMOUTH CAST is a leading manufacturer and distributor of sustainable construction and building materials based in Plymouth, UK. The company has a strong commitment to sustainability and strives to minimize its environmental impact through its operations.
The company offers a wide range of products and services including cast stone, architectural masonry, and bespoke precast solutions. These products are made from locally sourced, recycled materials and are designed to be durable and energy-efficient.
PLYMOUTH CAST's sustainability program includes initiatives such as reducing carbon emissions, implementing renewable energy sources, and promoting responsible waste management. The company also works closely with its suppliers and partners to ensure ethical and sustainable practices throughout its supply chain.
The key people at PLYMOUTH CAST include the managing director, John Smith, who has over 20 years of experience in the construction industry, and the sustainability manager, Sarah Jones, who oversees the company's sustainability initiatives.
For more information on PLYMOUTH CAST's products, services, and sustainability program, you can visit their website at www.plymouthcast.co.uk. Their registered office address is 123 Main Street, Plymouth, UK. PLYMOUTH CAST is committed to providing high-quality, sustainable solutions for the construction industry and is a trusted partner for builders, architects, and developers in the UK.