GOV.UK
DSV SOLUTIONS LIMITED
Company number: 03294472
Reporting period:
1 July 2019
to 31 December 2019
This report was filed on 30 January 2020
and approved by Gary Ridsdale
Payment statistics
Average time taken to pay invoices: 48 days
Invoices paid:
- within 30 days: 35%
- in 31 to 60 days: 32%
- in 61 days or more: 33%
Invoices due but not paid within agreed terms: 75 %
Payment terms
Shortest standard payment period
7 days
Longest standard payment period
75 days
Standard payment terms
Current month plus 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Our standard terms are 60 days from the end of the month in which the invoice is dated therefore an invoice dated the first of the month would be due 90 days later.
Any other information about payment terms
Variations to the standard payment terms can only be approved by a director.
Dispute resolution process
Invoices should be emailed to UKinvoices@dsv.com. We utilise a document scanning system which can only read a single .pdf invoice in each file. Although multiple .pdf invoice files per email are acceptable, the inclusion of any other document or file type will cause a delay in the invoice being processed. Invoices must include a job reference, purchase order number or be clearly marked with the DSV contact name to ensure invoices can be processed promptly.
All queries are handled through our International Shared Service Centre who can be contacted via email at accountspayable@uk.dsv.com or by telephone on +48 22 244 78 35. Statements, payment queries and copy invoices should be sent that email address. This will generate a reference to be quoted in future communication regarding each query which will link all information and avoid requests being duplicated.
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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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.
Yes
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