ALLIED GLASS CONTAINERS LIMITED
Company number: 03846688
Reporting period:
9 June 2019 to 7 December 2019
Report filed on:
6 January 2020
Approved by:
Neil Maskrey
Payment statistics
Average time taken to pay invoices: 45 days
Invoices paid:
- within 30 days: 26%
- in 31 to 60 days: 52%
- in 61 days or more: 22%
Late and disputed:
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
120 days
Standard payment terms
End of the month from date of invoice plus 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
120 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
All disputes are promptly dealt with by the purchase ledger team and resolved by telephone call or e-mail.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair 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.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No