Company number: 03938288
and approved by Martin Scott
Average time taken to pay invoices: 29 days
Invoices paid:
Invoices due but not paid within agreed terms: 17%
0 days
30 days
Invoices which are valid and properly submitted in accordance with the agreed terms and conditions of contract are payable with 30 days following the date on which the invoice is received (unless the invoice is disputed). Where appropriate, contractual provisions are included to provide the supplier with a remedy for late payment of invoices (i.e. applying interest).
Answer not provided
N/A
30 days
No further comment provided
N/A
Dispute resolution procedures are typically included in the contract and set out escalation procedures/default positions if disputes cannot be resolved between the contracting parties. A Potential Supplier Dispute Management process forms part of UKAR/s Procurement Policy. This process sets out how potential supplier disputes should be notified and addressed internally to ensure the right business functions are engaged.
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