E.H.BOOTH & CO.,LIMITED

Booths standard payment terms are 45 days from the date of invoice with credits due to EH Booths and Co Ltd offset against the next available payment. Terms may vary in accordance with the individual agreements made to suppliers.

EH Booth & Co Ltd operates a weekly payment run which captures all invoices that are due when payment is processed. A number of suppliers however are on net payment days which means that a number of invoices could fall due post this payment date run and before the next one. These are captured on the next available payment run, which is verbally agreed with suppliers and are deemed not to be late, which if taken into account would reduce the invoices due but not paid within agreed terms from 31% (up 1% year on year) to 16% (up 1% year on year).

In March 2025 E H Booths & Co Ltd implemented a new IT system throughout the business which initially had a negative impact on the figures above, however, accurate invoices are now flowing through the system correctly.

EH Booth & Co Ltd is committed to working with its suppliers in a fair and timely manner to resolve all disputes quickly. To simplify processing all invoices are received into the company either through an e-invoicing portal or via a dedicated email linked into our system. The system then automatically validates purchase order invoices or assigns an invoice approver for certain non-stock items.

If a dispute has arisen either by price or volume discrepancy, EH Booth & Co Ltd will always resolve the matter with reference to the original invoice and not ask suppliers to credit and re-invoice once the matter has been cleared. This does result in a technical late payment but is in agreement with the supplier as once resolved the cleared invoice will be processed on the next available payment run.

All claims are handled by our Transaction Services team to resolve any outstanding issue. All invoices are paid in full and debit notes raised as and when the dispute is resolved