G4S HEALTH SERVICES (UK) LIMITED
Company number: 05121608
Reporting period:
1 January 2022
to 30 June 2022
This report was filed on 18 July 2022
and approved by Oliver Keck
Payment statistics
Average time taken to pay invoices: 33 days
Invoices paid:
- within 30 days: 55%
- in 31 to 60 days: 37%
- in 61 days or more: 8%
Invoices due but not paid within agreed terms: 42 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
G4S standard payment terms to large
suppliers is 60 days from the date of
invoice receipt. Standard terms for SMEs and
smaller suppliers is 30 days from the
date of invoice receipt or before.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Any other information about payment terms
N/A
Dispute resolution process
Any complaint or concern from
suppliers relating to dispute can be
raised to:
Telephone Number 0844 6200410 or
Email 'fsscap@uk.g4s.com'
We aim to try and get these raised to
our ticketing system and allocated to a
end user to work with the supplier
within 72 Hours.
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.Yes – Prompt Payment Code
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