Company number: 04626841
and approved by Andrew Thomas
Average time taken to pay invoices: 9 days
Invoices paid:
Invoices due but not paid within agreed terms: 23%
2 days
30 days
Unless otherwise agreed in writing, Thomas Sanderson Ltd will pay for third party goods or services, within 30 days of receipt of a correct, undisputed and properly due VAT invoice, such invoices to be provided by the supplier within the time contractually agreed with Thomas Sanderson Ltd. Invoices must generally state: the contact details of the Thomas Sanderson Ltd point of contact; the relevant purchase order number; the period to which the invoice relates; the Supplier's bank account for payment; all charges and applicable taxes and a description of the services/products. Thomas Sanderson Ltd also operates Self-Billing agreements with self-employed agents. Payments are made in the week following that in which the service was provided. However, upon termination of an agency agreement, commission payments may be held for several months until all contracts are completed. In the event of a dispute payment may be withheld pending resolution.
Answer not provided
N/A
30 days
No further comment provided
N/A
If the supplier is at fault, credit is either requested or provided and the remainder of the invoice is cleared for payment. If Thomas Sanderson Ltd is at fault the error is cleared immediately and the invoice is released for payment.”
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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.
No
No
No