BETA This is a new service – your feedback will help us to improve it.


Company number: 02706348

Reporting period:
1 July 2018 to 31 December 2018

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 31 January 2019

and approved by Ewan Anderson

Payment statistics

Average time taken to pay invoices: 29 days

Invoices paid:

Invoices due but not paid within agreed terms: 29 %

Payment terms

Standard payment period for qualifying contracts

30 days

Standard payment terms

Under the standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice, unless a specific request has been made by the supplier to be paid sooner and of which has been agreed by Mount Anvil Ltd.
The supplier shall, following acceptance of any deliverables, be entitled to submit an invoice for the appropriate charge. Each invoice shall contain the particulars required by statute in respect of VAT, purchase order number, as prescribed in the agreement, and shall be sent to the address specified
in the agreement (PO).

Payment of a correct invoice submiited in accordance to the above shall be made within 30 days from the date of receipt.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

30 days

Any other information about payment terms


Dispute resolution process

All invoices must have a purchase order, which in turn authorises the invoice. Mount Anvil Ltd have a dedicated Accounts Payable team who will reach out to the originator of the services/goods requested if it is not clear from the system why the invoice has been received without an appropriate order being raised and approved prior to receipt of an invoice.

Should it be required they will then seek assistance to resolve the dispute from the originator (typically the person who ordered the goods or services and of whom has been named on the invoice). It may be that a purchase order has to be raised retrospectively, or adjusted, to match the invoiced amount, or we request credit from the supplier.

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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?