DPD LOCAL UK LTD

Company number: 01421773

Reporting period:
1 July 2021 to 31 December 2021

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This report was filed on 19 January 2022

and approved by David Adams

Payment statistics

Invoices paid:

• within 30 days: 100%

Invoices due but not paid within agreed terms: 0%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

Answer not provided

Standard payment terms

DPD Local Franchisees are paid on the due date

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

0 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

To raise a complaint or concern related to payment of invoices, suppliers should initially contact DPD Locals Accounts Payable section who would conduct an initial investigation into the reason for non-payment and where possible resolve straight forward issues, for example unreceived invoices, administrative errors etc. Disputes which are more complex and require a more indepth understanding of the supplier will be passed on to the relevant department or depot to resolve. It is DPD Locals aim to resolve all disputes as quickly as possible so to pay suppliers within the agreed payment terms.

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, this business has not signed up to a code of conduct or standards on payment practices.

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