GOV.UK
THE WELSH RUGBY UNION LIMITED
Company number: 03419514
Reporting period:
1 July 2022
to 31 December 2022
This report was filed on 26 January 2023
and approved by Steve Phillips
Payment statistics
Average time taken to pay invoices: 16 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 7%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 10 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
Standard payment terms are within 30 days from receipt of a valid VAT invoice from the supplier for most categories of supplier.
Save for very limited exceptions, invoices from suppliers must quote an approved purchase order number. Invoices that do not quote a valid purchase order number will be withheld from payment until a purchase order number can be provided. Suppliers will be informed of any invoices submitted without a purchase order and asked to obtain one from the Welsh Rugby Union employee with whom an agreement to supply was made.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
The payment statistics above are calculated from date of first receipt of invoice. Delays in payment may arise if a supplier fails to quote a valid purchase order number on their invoice. An invoice will not be paid until a valid purchase order number is provided and this could increase the time between the date of receipt of invoice and the date of payment.
Dispute resolution process
Suppliers with invoice queries are asked to contact the Purchase Ledger team in the first instance via a dedicated email address or telephone number. If necessary, the Purchase Ledger team will liaise with the Welsh Rugby Union employee that placed the order to understand why the invoice has not been approved for payment.
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