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Company number: 05428732

Reporting period:
1 January 2022 to 30 June 2022

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

This report was filed on 28 July 2022

and approved by Richard Ward

Payment statistics

Average time taken to pay invoices: 27 days

Invoices paid:

Invoices due but not paid within agreed terms: 24 %

Payment terms

Shortest standard payment period

14 days

Longest standard payment period

60 days

Standard payment terms

Amey Defence Services Limited has a number of standard payment terms in place which vary depending on type of activity and service provider.

Materials suppliers – 60 days from end of month following invoice date.

Service Suppliers – standard 60 days from invoice. Key delivery partners are typically paid 14 days from work completion. Subcontractor payment runs are produced fortnightly with all work items marked as completed and due for payment included within the payment cycle.

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


Maximum contractual payment period agreed

60 days

In certain circumstances, payment terms of 60 days from end of month of invoice date are negotiated with specific material suppliers. This currently relates to 91 suppliers, 3.79% of our total supplier base.

Any other information about payment terms


Dispute resolution process

In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.

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.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?