Company number: 02882515
and approved by David Surdeau
Average time taken to pay invoices: 34 days
Invoices paid:
Invoices due but not paid within agreed terms: 47%
7 days
30 days
Critical food suppliers and rent - 7 days All other suppliers - 30 days
Answer not provided
N/A
30 days
No further comment provided
N/A
When a dispute is identified by the Accounts Payable team, the Purchase Order (PO) owner is notified and required to clarify the terms of the order. The PO owner is responsible for agreeing the specific terms with the supplier. Once resolved between PO Owner and the supplier, the correct payment is made after the purchase order is amended and approved or following the receipt of a credit note. If the dispute cannot be resolved, it will be escalated within the company until a satisfactory outcome can be reached.
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