GLEESON LAND LIMITED
Company number: 05181745
Reporting period:
1 July 2022 to 31 December 2022
Report filed on:
30 January 2023
Approved by:
Stefan Allanson
Payment statistics
Average time taken to pay invoices: 26 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 5%
- in 61 days or more: 5%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 17%
Payment terms
Shortest standard payment periods
15 days
Longest standard payment period
30 days
Standard payment terms
Our standard payment terms are 30 days end of month (EOM) from receipt of an invoice (30 days from the end of the month in which an invoice is received).
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
30 days tied to the nearest mid-month or end of month payment run.
Any other information about payment terms
None
Dispute resolution process
We aim to resolve all disputes promptly and will normally do so by contacting suppliers directly. Any queries in respect of accounts or administrative matters should be directed to our Accounts department, who can be contacted at 6 Europa Court, Sheffield Business Park, Sheffield, South Yorkshire, S9 1XE or telephone +44 (0)1142 612 900.
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 Fair 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.
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