Company number: 01248588
and approved by Michael Young
Average time taken to pay invoices: 16 days
Invoices paid:
Invoices due but not paid within agreed terms: 13%
0 days
60 days
Our shortest payment term is immediate payment; our longest payment term is 60 days. We offer a range of payment terms to suppliers taking account of the nature of the commercial arrangements entered into, and timing of the execution of their goods and services provided to us.
Answer not provided
N/A
60 days
No further comment provided
N/A
For invoices that relate to a Purchase Order, payment disputes are initially found during the 3-way match process. The Accounts Payable team will reach out to the business affiliate who raised the initial purchase requisition to determine whether the purchase order is incorrect or whether an adjustment is required by the vendor. Non PO invoices are sent out for review and approval prior to processing. Disputes could be handled by either the WW business affiliate or by the Accounts Payable department.
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