Company number: 04337712
and approved by Alex Scott
Average time taken to pay invoices: 147 days
Invoices paid:
Invoices due but not paid within agreed terms: 77%
0 days
61 days
It is the company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of valid invoices. The company’s standard payment terms is end of month following from date of a correctly submitted invoice, however, on some occasions variations to these standard payment terms may be agreed via contractual negotiations or as a variation request and approval process.
Answer not provided
N/A
61 days
No further comment provided
N/A
The company seeks to deal with suppliers of all sizes in a fair and reasonable manner. The operating company seek to respond and address supplier queries as quickly as possible in relation to invoicing or payment. In the event that a dispute cannot be resolved by the central Accounts Payable team, it would escalate in the first instance to Senior Management or our Procurement team for resolution. Contracts will look to define a dispute resolution process as far as possible.
For example, signatories to The Prompt 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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No