MOBILE MINI UK LIMITED
Company number: 02862423
Reporting period:
1 January 2018 to 30 June 2018
Report filed on:
18 September 2018
Approved by:
Christopher Morgan
Payment statistics
Average time taken to pay invoices: 11 days
Invoices paid:
- within 30 days: 93%
- in 31 to 60 days: 6%
- in 61 days or more: 1%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 1%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
60 days
Standard payment terms
Payment terms are agreed with the supplier before the account is set up and can be negotiated at that time.
Payment terms vary from 0 to 60 days
Were there any changes to the standard payment terms in the reporting period?
Changes can be made to payment terms when agreed with the supplier before amending these terms.
Were suppliers notified or consulted about these changes before they were made?
Payments can be negotiated to pay by 30, 45 & 60 days when a suppliers terms of contract are usually 60 days
Maximum contractual payment period agreed
60 days
contracts are negotiated with a fixed payment term as the time of entering into an agreement with any supplier.
Any other information about payment terms
No further comment provided
Dispute resolution process
Disputes are usually raised at point of non process by Accounts Payable department.
Queries are either sent to Branches, Departments to resolve within 14 days to enable AP to process to pay within agreed terms.
Disputes are raised with Suppliers direct when advised by Branches and Departments there is a query.
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.
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