MOTT MACDONALD LIMITED
Company number: 01243967
1 January 2022
to 30 June 2022
This report was filed on 29 July 2022
and approved by Edwin Roud
Average time taken to pay invoices: 23 days
- within 30 days: 87%
- in 31 to 60 days: 9%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 13 %
Shortest standard payment period
Longest standard payment period
Standard payment terms
The standard payment terms for Mott MacDonald Limited are 30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
Maximum contractual payment period agreed
Any other information about payment terms
Dispute resolution process
Mott MacDonald Limited is committed to fair treatment of all its supply chain partners and promotes transparency and swift resolution of any supplier disputes.
New suppliers are automatically given access to Mott MacDonald’s online Supplier Portal where they can view the status of their invoices and their payment history. Suppliers without access to the portal can arrange this by contacting the Accounts Payable team.
All queries regarding non-payment of invoices should be discussed with the Mott MacDonald contact, as specified in the Mott MacDonald purchase order or other engagement agreement, where relevant. Escalation will be managed through contacting the Accounts Payable Supervisor in the first instance, then the Financial Accounting Manager and then ultimately the Finance Director.
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 – The 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.
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?