Company number: 02880012
and approved by Gillian Ingham
Average time taken to pay invoices: 54 days
Invoices paid:
Invoices due but not paid within agreed terms: 69%
60 days
Answer not provided
It is the company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of valid invoices. The company’s standard payment terms are 60 days from invoice date. However, on some occasions variations to these standard payment terms may be agreed.
Answer not provided
N/A
60 days
No further comment provided
N/A
The company seeks to deal with suppliers of all sizes in a fair and reasonable manner. London & North Western Railway Co Ltd seek to respond and address supplier queries as quickly as possible. In the event that a dispute cannot be resolved by the Accounts Payable team, it would be escalated in the first instance to senior management or budget holder for resolution.
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