ABM FACILITY SERVICES UK LIMITED
Company number: 03461565
Reporting period:
1 November 2021 to 30 April 2022
Report filed on:
5 July 2022
Approved by:
Colin Stevenson
Payment statistics
Average time taken to pay invoices: 55 days
Invoices paid:
- within 30 days: 20%
- in 31 to 60 days: 48%
- in 61 days or more: 31%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 4%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
We pay the end of the month of 60 days from the invoice date with all standard contracts agreed in advance.
Some contracts are paid End of the month of 30 days from the invoice date.
Non Preferred Suppliers are paid according the suppliers terms.
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
60 days
Invoice Date +60 days End of the Month
Any other information about payment terms
No further comment provided
Dispute resolution process
APEngland@abm.com
Contact: 0208 839 2000 ask for accounts
Suppliers can get in contact with us by the above methods, we aim to respond as promptly as possible usually within one week.
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.
Yes
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