Company number: 00939600
and approved by Glenn Thomas
Average time taken to pay invoices: 32 days
Invoices paid:
Invoices due but not paid within agreed terms: 81%
60 days
Answer not provided
60 days from invoice receipt date
Standard payment terms changed from 30 days to 60 days
Most existing suppliers payment terms did not change, those that did were advised. New suppliers are advised 60 day payment terms.
60 days
No further comment provided
N/A
All invoice queries and complaints are sent to a central accounts payable mailbox. Emails are treated with priority listing based on the chronology of being received. Best practice is to process regular emails in 24 hours since received, however more complex ones may take longer.
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