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Company number: SC053848

Reporting period:
1 March 2020 to 31 August 2020

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 30 September 2020

and approved by Claire McInally

Payment statistics

Average time taken to pay invoices: 66 days

Invoices paid:

Invoices due but not paid within agreed terms: 39 %

Payment terms

Shortest standard payment period

0 days

Longest standard payment period

70 days

Standard payment terms

Purchase ledger payments – Payment will be made 45 days after the end of month of the date of the valid invoice unless stated in the purchase order. A valid invoice has to include our purchase order number, goods need to have been delivered and all required documentation provided. The receipt date for said invoice will be assumed to be 3 days after the date of invoice.
Sub contract ledger payments – Standard payment terms are variable between 30 and 70 days from the date of the valuation and is dependent on the subcontract agreement.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

70 days

The statistical information provided includes payments to both purchase ledger and subcontract suppliers

Any other information about payment terms


Dispute resolution process

FES Ltd are committed to resolving any disputed invoices quickly. The purchase ledger team carry out monthly purchase ledger reconciliations to highlight any invoices which are not on the ledger and to request these from supplier. A purchase administration team carry out follow up request for GRN’s and Service Reports.

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.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?