Terms & Conditions of Credit
General
The credit limits supplied will be applicable to all services/charges provided except for those as listed below:
- Duty (Import Charges)
- Vat (Import Charges)
- Rent / Demurrage / Storage charges
- Government imposed Non-specific items
Terms
Unless it is agreed otherwise in writing. Our terms of payment are 30 days end of month from the date of the
invoice, these terms may be extended upon application and at the discretion of the directors of the company,
however in cases of late payment or dispute the terms of payment revert to 30 days eom. In cases where the account
has been closed the payment terms revert to immediate payment, and all outstanding invoices must be paid in full.
Disputed Charges
In the event of any query and pending that query being resolved in a period not exceeding the payment terms agreed,
the client undertakes to withhold only the part of the due figure on an invoice as may be reasonably deemed to be
in dispute. Any queries must be made in writing and will be dealt with in accordance with our standard terms and
conditions.
Penalty
The company reserves the right to revoke credit at any time and specifically declares its intention to do so
automatically for the following reasons:
- Should the payment be unjustifiably held in excess of 7 days beyond payment due date.
- Should the total debit be in excess of the total credit limit approved. (Credit levels will be increased in line
with turnover)
- Returned Cheques.
- Fraud.
Payments
Bank Details: Lloyds TSB Sterling / Euro / US dollar accounts. Account details as per invoice.
Your payment may be made by cheque, Bacs transfer, Other credit transfer. Cash if paid directly into our bank &
receipted, It must be made in time and must not exceed your credit period and be for the whole amount due and
payable. If a remittance is not sent then the values will be posted against the oldest debt.
You may not withhold shipping payments while awaiting an insurance claim as this will invalidate any claim pending.
Payment of shipping charges include the cost of liability insurance costs. It is our recommendation that you always
insure your goods against all risks as liability insurances are limited and you may not get back the value of the
goods in the event of a claim.
I accept the terms and conditions above
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