| 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 2021 - 30 Jun 2021 | 24 Sept 2021 | 38 | 80% | 12% | 8% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 28 | 78% | 18% | 4% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Feb 2021 | 38 | 79% | 14% | 7% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 04 Sept 2019 | 63 | 33% | 30% | 37% | 65% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jul 2019 | 55 | 22% | 48% | 30% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 36 | 36% | 56% | 8% | 59% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days from receipt of supplier invoice. There is one supplier with which the company has agreed standard payment terms of 60 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
No additional information
Maximum contractual payment period agreed
60
The company attempts in good faith to settle within 20 working days of either party notifying the other of the dispute. If necessary, such efforts will involve escalation of the dispute to the company's Procurement Manager and the supplier's Contract Manager who will endeavour to resolve the dispute by negotiation.
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
THE STAFFORDSHIRE AND WEST MIDLANDS COMMUNITY REHABILITATION COMPANY LIMITED is an active private limited company, incorporated on 4 December 2013, based in the London region. Registered business activity: Justice and judicial activities.
From Companies House records.