Company number: 00877859
and approved by Mr. Stephen Hussey
Average time taken to pay invoices: 40 days
Invoices paid:
Invoices due but not paid within agreed terms: 12%
30 days
Answer not provided
Normal standard payment terms in line with industry standard.
Answer not provided
N/A
30 days
No further comment provided
As a result of the restrictions implemented by the UK Government on 23 March 2020, in relation to the Covid-19 pandemic, we have experienced delays at the beginning of the period for both the receipt and thereon processing of supplier invoices, which has meant that a number of payments have been made outside of the normal credit term target of 30 days. As the process flow is now stabilised we have seen a return to normal processing times and expect this to continue for the 2nd half of 2020.
The accounts payable team is responsible for any dispute concerning qualifying contracts. The process in place is to expedite and resolve any complaint and concern immediately.
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