BETA This is a new service – your feedback will help us to improve it.


Company number: 05246622

Reporting period:
1 January 2020 to 30 June 2020

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 22 July 2021

and approved by David Murray

Payment statistics

Average time taken to pay invoices: 21 days

Invoices paid:

Invoices due but not paid within agreed terms: 20 %

Payment terms

Shortest standard payment period

30 days

Longest standard payment period

60 days

Standard payment terms

Standard contractual length of time for payment of invoices are 30 days from invoice received date.
The maximum contractual payment period is 60 days from invoice day.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

60 days


Any other information about payment terms


Dispute resolution process

The Parties will attempt to settle any dispute between them by entering into good-faith negotiations
through the appropriate management level of governance in a timely manner. The Parties must as a
minimum attend the first good-faith negotiations.
If a dispute is not resolved by prior negotiation, any dispute arising out of or in connection with the
Agreement, including any disputes regarding the existence, validity or termination thereof, shall be
settled by arbitration in accordance with the provisions of the Rules of the London Court of
International Arbitration provided that:
a) one (1) arbitrator will be appointed;
b) the arbitrator applies the laws of England;
c) the arbitration shall be conducted in the English language; and
d) be held in London, England.
Any arbitration proceedings and decisions under the Agreement are confidential.

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.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?