Company number: 01034349
and approved by Amanda Dickinson
Average time taken to pay invoices: 47 days
Invoices paid:
Invoices due but not paid within agreed terms: 29%
60 days
90 days
Ann Summers Ltd standard payment terms are 90 days after invoice date for stock suppliers and 60 days after invoice date for non-stock suppliers. Once an invoice becomes due it is paid in the next payment run, which is currently weekly.
Answer not provided
N/A
90 days
No further comment provided
N/A
Maintaining strong supplier relationships is important to us. Therefore, in the case of any dispute, we would work with suppliers to reach a swift and mutually agreeable conclusion. Our expectations in the case of dispute are clearly outlined in our Terms and Conditions and Supplier Manuals.
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