Company number: 01887373
and approved by D K McSweeney
Average time taken to pay invoices: 36 days
Invoices paid:
Invoices due but not paid within agreed terms: 47%
14 days
Answer not provided
The following is an extract from our standard terms and conditions. "Unless otherwise agreed, invoices will be payable within 30 calendar days of the date of invoice". Consultants are paid 14 days from invoice date. Where payment from customers is contingent on acceptance of the work, payment terms with suppliers may be mutually agreed on a back-to-back basis whereby suppliers are paid within seven working days of receipt of cleared funds from the customer. Payment to the supplier may therefore exceed 30 day terms.
Answer not provided
N/A
90 days
No further comment provided
N/A
Invoice payment disputes should be discussed with the BMT contact as detailed on the Purchase Order. The dispute can be further escalated to Accounts Payable and relevant Project Manager or Finance Manager (as appropriate) to resolve with appropriate action
For example, signatories to The Prompt 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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No