GOV.UK
DPD LOCAL UK LTD
Company number: 01421773
Reporting period:
1 January 2020
to 30 June 2020
This report was filed on 30 July 2020
and approved by David Adams
Payment statistics
Average time taken to pay invoices: 0 days
Invoices paid:
- within 30 days: 100%
- in 31 to 60 days: 0%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 0 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
30 days
Standard payment terms
DPDGroup UK Ltd's payment terms are Weekly, Fortnightly, Monthly and 30-60 days. By default suppliers are set-up on Monthly payment terms. Changes to these terms are negotiated between the supplier and the suppliers contact within the business - not Finance
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
N/A
Dispute resolution process
To raise a complaint or concern related to payment of invoices, suppliers should initially contact DPDroup UK Ltd's Accounts Payable section who would conduct an initial investigation into the reason for non-payment and where possible resolve straight forward issues, for example unreceived invoices, administrative errors etc. Disputes which are more complex and require a more indepth understanding of the supplier will be passed on to the relevant department or depot to resolve. It is DPDgroup UK Ltd's aim to resolve all disputes as quickly as possible so to pay suppliers within the agreed payment terms.
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.
No
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