| 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 Oct 2018 - 31 Mar 2019 | 23 Apr 2019 | 39 | 73% | 14% | 13% | 34% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 36 | 72% | 15% | 12% | 34% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 38 | 72% | 14% | 14% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company does not formally impose its own terms on suppliers, although it aims to achieve minimum terms of 30 days. Different terms are sometimes agreed as part of a contract negotiations, or where suppliers are local or small business and where approval is given by Company Management.
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
Disputes would initially be referred to the internal budget holder for resolution with the supplier. If this did not rectify the position or for disputes of a contractual nature, matter to the finance team and senior management for resolution or follow the dispute resolution process defined in the contract.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
REMPLOY LIMITED is a UK-based company that specializes in providing sustainable employment solutions for people with disabilities. Founded in 1946, the company has a long history of promoting inclusion and diversity in the workplace.
The company's main goal is to create sustainable job opportunities for people with disabilities, helping them to achieve financial independence and a sense of fulfillment. To achieve this, REMPLOY offers a range of services, including job placement, training, and support to both employers and employees.
One of REMPLOY's flagship initiatives is their sustainability program, which focuses on reducing the environmental impact of their operations. This includes implementing energy-efficient practices, reducing waste, and sourcing sustainable materials. The company also partners with other organizations to promote eco-friendly practices and reduce their carbon footprint.
REMPLOY offers a wide range of products and services, including recruitment and placement solutions for businesses, as well as training and development programs for individuals with disabilities. They also offer workplace assessments and accommodations to ensure that employers can create an inclusive and accessible work environment.
The key people at REMPLOY LIMITED include the CEO, Sue Marsh, who has been with the company since 2018 and has extensive experience in the disability employment sector. The company's registered office address is in Northampton, and their website, www.remploy.co.uk, provides more information on their services and contact details.
In summary, REMPLOY LIMITED is a pioneering company that is committed to providing sustainable employment solutions for people with disabilities. With their focus on inclusion, diversity, and sustainability, they continue to make a positive impact in the UK job market.