Industry ranking
Score of 83/100 qualifies for PaymentCheck Certification
The average time to pay for DIMENSIONS SOMERSET SEV LIMITED has fluctuated over the past three periods, with a 6% decrease in the most recent period compared to the previous. The percentage of invoices paid within 30 days has remained relatively consistent, with a slight increase of 3% in the most recent period. The percentage of invoices paid between 31-60 days has also remained consistent, with a slight decrease of 2% in the most recent period. However, the percentage of invoices paid later than 60 days has shown the most significant change, with a 4% increase from the first period to the most recent. The shortest (or only) standard payment period has remained consistent at 30 days.
The volatility for DIMENSIONS SOMERSET SEV LIMITED has been relatively low, with only minor changes seen in the percentages of invoices paid within different time frames. The most significant change has been seen in the percentage of invoices paid later than 60 days, with a 4% increase from the first period to the most recent.
| 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 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 33 | 85% | 7% | 8% | 15% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 38 | 67% | 17% | 16% | 33% |
| 01 Apr 2019 - 30 Sept 2019 | 08 Oct 2019 | 31 | 71% | 19% | 10% | 29% |
| 01 Oct 2018 - 31 Mar 2019 | 24 Apr 2019 | 29 | 78% | 13% | 9% | 22% |
| 01 Apr 2018 - 30 Sept 2018 | 09 Oct 2018 | 32 | 75% | 13% | 12% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual terms for goods and service is 30 days. We also have some terms at 14 days.
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
There is a central payments team phone number in place for suppliers to contact for any matters under dispute. Calls are usually answered at the time of the call and responded to within 24 hours. Alternatively, suppliers may use email as a method of documenting their queries and these are responded to within 7 days. Supplier emails or calls may be escalated to our management team where 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
Dimensions Somerset SEV Limited is a registered charity and company limited by guarantee, trading as Discovery. It provides support for people with learning disabilities across Somerset, including residential homes and community based floating support services. The organisation recruits support workers to assist individuals with a range of needs in areas such as South Somerset, Minehead and Williton. Its site is used mainly for advertising support worker and business support roles, alongside information on CQC ratings, safeguarding and modern slavery policies. Registered SIC codes confirm activity in residential care for learning difficulties, mental health and substance abuse, plus other social work activities delivered without accommodation.
Generated from the company's website and Companies House records. Sources: discoverycareers.uk