Published reports

NORTHGATEARINSO UK LIMITED

Company number: 01587537

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

Reporting period:

1 November 2017 to 30 April 2018

Report filed on:

31 May 2018

Approved by:

Nick Wain


Payment statistics

Average time taken to pay invoices: 39 days

Invoices paid:

  • within 30 days: 85%
  • in 31 to 60 days: 12%
  • in 61 days or more: 3%

Late and disputed:

  • payments due in the reporting period which have not been paid within the agreed period: 44%

Payment terms

Shortest standard payment periods

60 days

Longest standard payment period

Answer not provided

Standard payment terms

The following is the standard process to support NorthgateArinso UK LTD payment terms:- • An approved PO number should be quoted on the invoice • Invoices must be addressed to the Company as specified in the Purchase Order • Invoices should be delivered to the address as specified in the Purchase Order • Normally, standard payment terms is 60 days unless otherwise agreed with the supplier

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

90 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

The vendors can raise their queries or complaints using any one of the following: • Login to the vendor portal and register a query/complaint. This will be attended within 24 business hours • Email the queries/ complaints to accountspayable@ngahr.com and the same will be attended within 5 working days. • Vendors can also reach out to our helpdesk @ + 44 121 210-2151. If the query/complaint requires further investigation the same will be referred to the appropriate department for further action

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.

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.

Yes

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.

Yes

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