Company number: 08005515
and approved by Carlo Federico Possa
Average time taken to pay invoices: 159 days
Invoices paid:
Invoices due but not paid within agreed terms: 75%
59 days
60 days
Our standard payment terms are 45 days from end of month of invoice . Longest credit period thus is 75 days and shortest is 45 days . Add these together and divide by two to get to the 60days narrated above.
Answer not provided
N/A
60 days
No further comment provided
N/A
Vendors are provided details of delivery queries by unit based staff within contractually stipulated timeframes . Finance staff also provide details of invoice queries to vendors via dedicated vendor management clerks upon demand . Queries are discussed in a collaborative manner and escalation route exists should a query become protracted in nature .
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.
Yes
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