MNG-MANGO U.K. LIMITED
Company number: 03358140
Reporting period:
1 July 2022 to 31 December 2022
Report filed on:
31 January 2023
Approved by:
LIDIA MARTINEZ
Payment statistics
Average time taken to pay invoices: 20 days
Invoices paid:
- within 30 days: 87%
- in 31 to 60 days: 11%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 75%
Payment terms
Shortest standard payment periods
5 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms differ on the nature of the payment and the conditions agreed on each contract.
For example, for payments related to rent agreements, the payment is usually made immediately upon reception of the invoice. Payments for contracts of any other service or nature may be made between 30 or 60 days.
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
120 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
In case of a dispute about payments under qualifying contracts, the supplier can contact our Account Payable team in order to clarify and solve it.
A member of the team will be in charge of contacting the supplier and resolving the dispute.
The invoices should be addressed by email to ap.invoices@mango.com or by post to the below address:
MNG-MANGO U.K. LIMITED
4th floor, Imperial House
8 Kean Street
London WC2B 4AS
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