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ABELLIO WEST LONDON LTD

Company number: 00689260

Reporting period:
1 January 2021 to 30 June 2021

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

This report was filed on 27 July 2021

and approved by Andrew Worboys

Payment statistics

Average time taken to pay invoices: 41 days

Invoices paid:

• within 30 days: 59%
• in 31 to 60 days: 28%
• in 61 days or more: 13%

Invoices due but not paid within agreed terms: 41 %

Payment terms

Shortest standard payment period

0 days

Longest standard payment period

54 days

Standard payment terms

Our standard terms are 15 days and 30 days. Some of our suppliers are being paid immediately - 0 days, and some are on payment terms
to be paid on the 24th of the following month.

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

No

Maximum contractual payment period agreed

54 days

Any other information about payment terms

N/A

Dispute resolution process

In the ordinary course of the business, a purchase order is raised and approved in advance of an invoice being received. Where there is a
dispute with a supplier this is resolved by the approver of the purchase order.
Where an invoice is received and there is no approved purchase order in place, any dispute is resolved by the manager responsible for the
department which the invoice relates to.
Where no agreement can be reached, the matter will be escalated through the management of the relevant department, ultimately to the
Finance Director, if required.

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.

No

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.

No

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.

No

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?

No

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

No