AVOVE LIMITED
Company number: 02578069
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Darren Jones
Payment statistics
Average time taken to pay invoices: 25 days
Total value paid:
- within 30 days: £48,206,197 (60%)
- in 31 to 60 days: £32,711,915 (40%)
- in 61 days or more: £85,312 (< 1%)
Invoices paid:
- within 30 days: 83%
- in 31 to 60 days: 16%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £8,879,432
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
60 days
Standard payment terms
Avove Limited has a number of standard payment terms in place which vary depending on product type, service, business unit and client. These are summarised below:
• Materials suppliers vary from 30 to 60 days.
• Service suppliers – 30 days from invoice.
• Utilities sub-contractors – varies according to client (14 – 45 days from invoice).
• Immediate payments are available (via Pcard) as certain circumstances require.
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
In certain circumstances, payment terms of up to 60 days are negotiated with specific suppliers
Any other information about payment terms
none
Dispute resolution process
We engage in progressive and constructive discussions with vendors where invoices are considered to be in dispute to provide a swift resolution that benefits all parties, this maintains a healthy customer / vendor relationship and ensures positive cash flow.
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