Company number: 00526923
and approved by Theresa Keating
Average time taken to pay invoices: 18 days
Invoices paid:
Invoices due but not paid within agreed terms: 17%
0 days
92 days
We have a range of payment terms that vary by supplier. These range from invoices that are due immediately to invoices being due 92 days from the invoice date. We do not have daily payment runs but our suppliers on immediate terms are paid on the first available payment run once their invoices have gone through the relevant approval process.
Answer not provided
N/A
122 days
No further comment provided
N/A
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. The nature of the query is identified and the Accounts Payable Team work closely with the buyer, orderer or supplier to resolve queries as quickly as possible. Reporting of overdue payments is a key management control which is reviewed by the Finance Director every two weeks.
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