NORTHGATEARINSO UK LIMITED
Company number: 01587537
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?
No
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
No further comment provided
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 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.
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