Company number: 04279175
and approved by George King
Average time taken to pay invoices: 28 days
Invoices paid:
Invoices due but not paid within agreed terms: 57%
30 days
Answer not provided
Most frequently used payment terms are 30 days, we operate based on terms provided by our supplier. We have a number of new/ irregular suppliers with no payment terms and therefore we pay on the nearest payments run after the invoice has been through our approval process.
Answer not provided
N/A
30 days
No further comment provided
N/A
The supplier is called by the Finance Team and appropriate action is taken in a timely manner. If escalation is needed, it will be passed to the account manager in the relevant approving department.
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