GAVIN JONES LIMITED
Company number: 02222355
Reporting period:
1 October 2021 to 31 March 2022
Report filed on:
26 June 2026
Approved by:
Rajesh Prabhashanker Bhogaita
Payment statistics
Average time taken to pay invoices: 54 days
Invoices paid:
- within 30 days: 15%
- in 31 to 60 days: 64%
- in 61 days or more: 21%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 84%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Month end 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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Gavin Jones Limited operates a strict No PO / No Pay Policy. This policy is communicated to all suppliers and contractors when they first engage with Gavin Jones. This policy ensures that all purchases are centrally recorded and tracked in our system to ensure that invoices can be paid efficiently and on time when received from the supplier.
All suppliers have several points of contact with Gavin Jones in case of a dispute. The first is the contract manager who is procuring the goods or services from the supplier. Many queries and disputes are resolved by the supplier talking to the relevant Contract Manager who has all of the relevant information. We have dedicated Accounts Payable teams who are accessible via phone and e-mail, should any of our suppliers wish to escalate a query or dispute. Further escalation is available through our regional managers and directors, Head of Transactional Finance, Chief Commercial Officer or Chief Financial Officer should the query not be resolved by our Contract Manager or Accounts Payable.
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