FUJIFILM UK LIMITED
Company number: 01264514
Reporting period:
1 October 2018 to 31 March 2019
Report filed on:
16 August 2019
Approved by:
Y Nakamura
Payment statistics
Average time taken to pay invoices: 22 days
Invoices paid:
- within 30 days: 71%
- in 31 to 60 days: 29%
- in 61 days or more: 0%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 16%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
Our standard payment terms are payment at end of month following month of invoice, often known as 30 days net. So an invoice dated 31st October will be paid on 30th November; equally, an invoice dated 10th October will also be paid on 30th November.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Disputes should be taken up with the person responsible for placing the order for goods or services.
Queries about unpaid invoices should be directed to our dedicated email address: AcctsPayable_UK@Fujifilm.com.
In practise, the greatest reason by far for delays in payment is submitting an invoice to anyone but the Accounts Payable department who will happily process and pay if there is no dispute.
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.
No
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