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JOHNSON CLEANERS UK LIMITED

Company number: 02970609

Reporting period:
31 March 2022 to 1 October 2022

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

This report was filed on 11 October 2022

and approved by Paresh Majithia

Payment statistics

Average time taken to pay invoices: 36 days

Invoices paid:

• within 30 days: 84%
• in 31 to 60 days: 9%
• in 61 days or more: 7%

Invoices due but not paid within agreed terms: 7 %

Payment terms

Shortest standard payment period

0 days

Longest standard payment period

60 days

Standard payment terms

We have suppliers with different agreed payments terms, some shorter, some longer, and we abide by all payment terms based on the timely submission of satisfactory invoices.
Our standard terms are end of month following the month of invoice. This means that payment will be made, by BACs, on the last Friday of the month, following the month in which the invoice is received.

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

No

Maximum contractual payment period agreed

45 days

Any other information about payment terms

N/A

Dispute resolution process

The company is committed to dealing with its suppliers in a fair, honest and open manner. Disputes are directed in the first instance to our purchase ledger team. Escalation of the dispute would be directed to the head of the department that placed the order, or to the Director of Finance or 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.

No

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.

No

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