Company number: 02105370
and approved by Ben Coggan
Average time taken to pay invoices: 45 days
Invoices paid:
Invoices due but not paid within agreed terms: 61%
0 days
90 days
Standard payment terms are 60 days end of month, for all new suppliers as published on our website.
Answer not provided
N/A
90 days
No further comment provided
Statistical information represents a combination of purchase ledger supplier and sub-contractor payments. Suppliers who take settlement for their invoices by Direct Debit are excluded.
Invoices/requests for payment which do not automatically match to the purchase order are electronically sent to the requisitioner who is responsible for taking the action required to resolve the query. Disputed invoices are monitored and reported on a weekly basis by the Shared Services Centre in Solihull using an electronic query management system to ensure the requisitioner and supplier resolve the dispute as soon as possible.
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