Published reports

ARDO UK LIMITED

Company number: 00974319

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

Reporting period:

1 July 2021 to 31 December 2021

Report filed on:

27 January 2022

Approved by:

Simon Hurran

Payment statistics

Average time taken to pay invoices: 44 days

Invoices paid:

  • within 30 days: 29%
  • in 31 to 60 days: 45%
  • in 61 days or more: 25%

Late and disputed:

  • total value of payments due in the reporting period which have not been paid within the agreed period: £0
  • payments due in the reporting period which have not been paid within the agreed period: 25%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

75 days

Standard payment terms

Net Monthly (30 days end of month)

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

No

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

N/A

Maximum contractual payment period agreed

85 days

N/A

Any other information about payment terms

N/A

Dispute resolution process

Purchase ledger deal with supplier queries. They can be contacted at: Ardo UK Ltd Ashford Road Charing, Kent. TN27 0DF 01233-714714 SM-GB-AS-Purchase-Ledger@ardo.com

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 Fair 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