MOUNT ANVIL LIMITED
Company number: 02706348
Reporting period:
1 January 2021 to 30 June 2021
Report filed on:
11 December 2025
Approved by:
Daniel Shane
Payment statistics
Average time taken to pay invoices: 35 days
Invoices paid:
- within 30 days: 60%
- in 31 to 60 days: 22%
- in 61 days or more: 18%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 18%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
Most frequently used payment terms for qualifying contract; Standard Vendors: Payment within 30 days Subcontractors: Payment within 45 days Materials Suppliers: Payment within 60 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
60 days
As above; Our Standard Payment Terms Standard Vendors: Payment within 30 days Subcontractors: Payment within 45 days Materials Suppliers: Payment within 60 days
Any other information about payment terms
No further comment provided
Dispute resolution process
Vendor Contracts How to Raise a Dispute: Any concerns or disputes must be raised directly with the original requisitioner. Acknowledgement: Our expectation is that the requisitioner will acknowledge the dispute within 48 hours of receipt. Resolution: There is no single resolution method as disputes may arise for various reasons. The requisitioner may request a credit note for part of the invoice or agree on another corrective action. Subcontractor Payments How to Raise a Dispute: Issues should be raised with the Quantity Surveyor (QS) responsible for the subcontract. Acknowledgement: The QS will acknowledge the dispute within 48 hours. Resolution: A Pay Less Notice may be issued to the subcontractor as part of the resolution process, in line with contractual and legal requirements.
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