Company number: 00576777
and approved by Christopher Weldon
Average time taken to pay invoices: 44 days
Invoices paid:
Invoices due but not paid within agreed terms: 25%
7 days
75 days
Payment terms do vary across suppliers based on the type of service provided and the nature of the supplier. Unipart's preferred payment term is to pay invoices no later than 4 working days after the last day of the month following the month in which the relevant undisputed invoice is received by Unipart.
Answer not provided
N/A
105 days
Payment to this supplier is 90 days from the end of the invoice month, and therefore between 90 and 120 days from invoice date.
We have an accepted custom with a significant number of suppliers that we can make payment up to 4 working days later than the invoice payment date. These are included in the '% Invoices not paid within agreed terms' statistic as the guidance specifically states to calculate the statistic based on the details in the invoice or other written documents.
Unipart is committed to dealing with its suppliers in a fair and professional manner. All queries should be directed to our Accounts Payable team (apquery@unipart.com) who will seek to resolve queries as quickly as possible , including escalating as appropriate.
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