KEW GREEN GROUP LIMITED
Company number: 09027363
Reporting period:
1 July 2022 to 31 December 2022
Report filed on:
30 January 2023
Approved by:
xiaolei Zhao
Payment statistics
Average time taken to pay invoices: 54 days
Invoices paid:
- within 30 days: 36%
- in 31 to 60 days: 48%
- in 61 days or more: 16%
Late and disputed:
Payment terms
Shortest standard payment periods
45 days
Longest standard payment period
60 days
Standard payment terms
Standard supplier terms are generally 45 days, however certain exception exist up to 60 days. Supplier payment terms are subject to regular review and updated where appropriate.
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
60 days
n/a
Any other information about payment terms
n/a
Dispute resolution process
In the event of a dispute or query, they should be raised with central accounts payable who can be contracted on ap@kewgreen.co.uk or phone number 0208 334 4830. This department will then resolve all queries within a reasonable period. Central AP and supplier must define a reasonable period. If the dispute is not resolved, then both parties should escalate to a senior representative who will then endeavour to resolve the dispute within a reasonable time frame.
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