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Payment practices reporting - 1 April 2018 to 30 September 2018

The Colt Car Company Limited's standard payment terms are end of month plus 20 days.

Payment disputes are dealt with on an individual case by case basis.

The average time taken to make payments in the reporting period, from the date of receipt of invoice: 28 days

The percentage of payments made within the reporting period which were paid: in 30 days or fewer, between 31 and 60 days, and in 61 days or longer

A business needs to report on what proportion of the payments they made within the reporting period, under qualifying contracts, were paid:

The proportion of payments due within the reporting period which were not paid within the agreed period 31%

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