KASPERSKY LAB UK LIMITED
Company number: 03654151
Reporting period:
1 July 2020 to
31 December 2020
This report was filed on 29 January 2021
and approved by Svetlana Ivanova
Payment statistics
Average time taken to pay invoices: 20 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 7%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 18%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
46 days
Standard payment terms
Kaspersky standard contractual length for payment of invoices is 30 days, shortest payment terms are immediate terms and agreed with one supplier.
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
46 days
Longest payment term agreed and paid in this report was a travel company and this was end of month plus 15 days.
Any other information about payment terms
All UK vendors are included in this return. Kaspersky have several overseas vendors, who supply services electronically or are performed outside the UK, these have been excluded as considered as having no significant connection to the UK. Had these vendors been included in the report, these statistics reported would not have varied in any significant way.
Dispute resolution process
Kaspersky endeavour to resolve all disputes in a fair and timely manner. Disputes are generally sought to be resolved by discussion and agreement with the supplier and managed by AP team.
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.
Yes
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