GOV.UK
GOOGLE UK LIMITED
Company number: 03977902
Reporting period:
1 July 2022
to 31 December 2022
This report was filed on 30 January 2023
and approved by Paul Manicle
Payment statistics
Average time taken to pay invoices: 38 days
Invoices paid:
- within 30 days: 21%
- in 31 to 60 days: 75%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 10 %
Payment terms
Standard payment period for qualifying contracts
45 days
Standard payment terms
The company enters into a range of agreements for the activities it undertakes, typically relying on the standard terms of the Google group. Standard terms include the Google Supplier Purchase Order Terms and Conditions (primarily used for purchasing goods) and the Google Inbound Services Agreement (primary used for purchasing services). The terms state that the company will pay undisputed invoices within 45 days of receipt.
For more information, and to view the Google Supplier Purchase Order Terms and Conditions in full, please visit https://www.google.com/corporate/suppliers.
The company’s billing systems, which record and administer invoices, do not contain information about contract type. As such, while the majority of invoices in the system are expected to relate to qualifying contracts, the system is unable to distinguish qualifying contracts from non-qualifying contracts and some such data may be included in the reported statistics.
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
Google will only initiate invoice disputes in good faith, and will provide a written description of the disputed amount. Upon Google’s request, Supplier will issue separate invoices for undisputed and disputed amounts. Payment of undisputed amounts will not limit Google’s right to object and refuse payment of disputed amounts.
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.
Yes
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