Company number: 08078385
and approved by Thomas O'Brien
Average time taken to pay invoices: 35 days
Invoices paid:
Invoices due but not paid within agreed terms: 35%
14 days
60 days
Suppliers standard payment terms are 30 days from the end of the month in which the invoice is received. Subcontractors standard payment terms are 30 days following the approved application for payment.
Answer not provided
N/A
60 days
N/A
N/A
OHOB Holdings seek to avoid disputes by communicating directly with the supplier or subcontractor. Suppliers - the first point of call for all invoice related questions is the purchase ledger team who will be able to advise on the status of the invoice. If the invoice has not been approved and is being held in query, the purchase ledger team will acknowledge this with the supplier and direct them to the correct person to resolve the query. Subcontractors – all queries must first be raised with the commercial staff reasonable for engaging the work. Approved applications will be passed to the payment team for processing. If the dispute cannot be resolved, it is then escalated to a senior team member at Director level.
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