Company number: 12543459
and approved by Mark Holloway
Average time taken to pay invoices: 71 days
Invoices paid:
Invoices due but not paid within agreed terms: 61%
1 days
120 days
Non-stock suppliers: 60 or 90 days Stock suppliers: 120 days For stock suppliers, payment terms typically commence from the date the goods are received in our warehouse. Shorter payment terms may be agreed with freelancers and sole traders as part of commercial negotiations. If due dates fall on a weekend or bank holiday, they will be paid on the next working day. Due to cut-off dates on weekly payment runs, some payments may be paid 1-4 days after their due date. These payments have been reported as ‘not been paid within agreed terms’ above. Payments made 1-4 days after their due date account for circa 75% of the late payments total.
Answer not provided
N/A
120 days
No further comment provided
N/A
Complaints and disputes should be raised initially with the Accounts Payable department via email or telephone. If the issue is not resolved, it will be escalated in the first instance to the Accounts Payable Manager and then to the Financial Controller if required.
For example, signatories to The Prompt 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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No