Company number: 08005515
and approved by Carlo Possa
Average time taken to pay invoices: 58 days
Invoices paid:
Invoices due but not paid within agreed terms: 69%
60 days
Answer not provided
Our payment terms are 45 days from the end of the calendar month in which the invoice was raised. July dated invoices are therefore paid 15th September. The longest payment terms here are c75 days and the shortest is c45days. Adding the two together equates to 120days and the average is therefore 60days
Answer not provided
N/A
60 days
No further comment provided
N/A
Disputes are regularly shared electronically with vendors by vendor management clerks. This provides an opportunity for the issue(s) to be addressed prior to the debt falling due for payment .
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.
Yes
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