ARCADIS CONSULTING (UK) LIMITED

Company number: 02212959

Reporting period:
1 January 2018 to 30 June 2018

---

This report was filed on 27 July 2018

and approved by A R Clark

Payment statistics

Average time taken to pay invoices: 20 days

Invoices paid:

• within 30 days: 78%
• in 31 to 60 days: 18%
• in 61 days or more: 4%

Invoices due but not paid within agreed terms: 79%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

60 days

Standard payment terms

Our standard payment terms are to pay suppliers within 60 days of receipt of the invoice.

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

Our maximum contractual term is 60 days.

Any other information about payment terms

In October 2017 the Company implemented a new ERP system. The migration to a new system necessitated a blackout period of a number of weeks whereby we could not process/pay invoices via an ERP system. This led to a backlog of payments in quarter one of 2018. As a result of the introduction the new ERP system in October 2017 all payments are made by fellow group company Arcadis LLP (company number OC368843) – the payment statistics quoted therefore encompass payments made by Arcadis LLP for Arcadis Consulting (UK) Limited (company number 02212959), Arcadis (UK) Limited (company number 01093549), Arcadis Human Resources (company number 03021358) and Arcadis LLP.

Dispute resolution process

When an invoice is disputed, the supplier will receive an email indicating the invoice number and reason for rejection. To resolve the dispute, the supplier is required to provide any missing information or a credit note. We follow a strict no PO/no pay policy. The PO number is communicated at the time of placing the order.

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, this business has not signed up to a code of conduct or standards on payment practices.

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