| 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 2018 - 30 Jun 2018 | 31 Jul 2018 | 69 | 2% | 39% | 59% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60
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 should be resolved by interaction between the supplier and our Accounts Payable Grief resolution team.
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
CATERPILLAR (NI) LIMITED is a leading manufacturer and supplier of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and support the communities it operates in.
Their sustainability program focuses on reducing carbon emissions, conserving resources, and promoting eco-friendly practices throughout the company's operations. CATERPILLAR (NI) LIMITED also invests in research and development to create more efficient and sustainable products.
The company's diverse range of products includes excavators, bulldozers, wheel loaders, mining trucks, and power generation systems. These products are used in various industries such as construction, mining, agriculture, and transportation.
CATERPILLAR (NI) LIMITED has a team of dedicated and experienced professionals who are committed to providing high-quality products and services to their customers. The key people at the company include the Managing Director, Operations Director, and Sales Director.
The contact information for CATERPILLAR (NI) LIMITED is as follows:
Website address: https://www.cat.com/en_GB.html
Registered office address: 1 Clayton Wood Bank, Leeds LS16 6QZ, United Kingdom
In summary, CATERPILLAR (NI) LIMITED is a sustainable company that offers a wide range of innovative and high-quality products. With a strong commitment to sustainability and a team of dedicated professionals, the company continues to be a leader in the construction and mining equipment industry.