GOV.UK
AVIOS GROUP (AGL) LIMITED
Company number: 02260073
Reporting period:
1 January 2019
to 30 June 2019
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 29 July 2019
and approved by Karen Williams
Payment statistics
Average time taken to pay invoices: 24 days
Invoices paid:
- within 30 days: 75%
- in 31 to 60 days: 22%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 40 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
30 days from invoice to payment date
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Maximum payment terms as per contracts agreed or master data in the system is 30 days
Any other information about payment terms
N/A
Dispute resolution process
Disputes and all types of queries are handled by dedicated Accounts Payables Helpdesk Monday to Friday via e-mail or phone. E-mail contact is confirmed by automatic notification with assigned unique query number. Suppliers are also allowed to use supplier payment portal to view invoice payment status including expected payment date.
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
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.
No
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