GOV.UK
ACER U.K. LIMITED
Company number: 02252821
Reporting period:
1 January 2018
to 30 June 2018
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 31 August 2018
and approved by Adam Gallop
Payment statistics
Average time taken to pay invoices: 24 days
Invoices paid:
- within 30 days: 71%
- in 31 to 60 days: 29%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 29 %
Payment terms
Shortest standard payment period
30 days
Longest standard payment period
60 days
Standard payment terms
The standard contractual length of time for payment of invoices is 30 Days from the invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Not applicable
Any other information about payment terms
None
Dispute resolution process
Payment disputes are reported to our Accounts Payable team in the first instance by the Supplier. The Accounts Payable team would than approach the Acer representative dealing with the Supplier account to facilitate dispute resolution.
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