Company number: 02659118
and approved by Carole Cran
Average time taken to pay invoices: 24 days
Invoices paid:
Invoices due but not paid within agreed terms: 60%
0 days
45 days
It is the Group's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settled trade payables on 45 days terms, however variations to these terms do exist based on agreements with certain suppliers.
Answer not provided
N/A
60 days
No further comment provided
N/A
The Company is committed to dealing with its suppliers in a fair, honest and professional manner whilst seeking best value for the business. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalate in the first instance to the relevant Manager to seek a resolution.
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