Company number: 02576295
and approved by David Neville
Average time taken to pay invoices: 48 days
Invoices paid:
Invoices due but not paid within agreed terms: 53%
0 days
90 days
For any changes to the current payment terms held on the system, Procurement and the supplier will re-negotiate the terms and a new contract will then be signed by both parties.
Answer not provided
N/A
90 days
No further comment provided
N/A
We check the supplier set up form to see what payment terms were agreed and signed at the time. Any difference between what was signed / agreed and what is held on the system is then reported to the Procurement department for follow up.
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