Company number: 06005750
and approved by MARCO BRAGAZZI
Average time taken to pay invoices: 5 days
Invoices paid:
Invoices due but not paid within agreed terms: 22%
30 days
Answer not provided
The maximum payment period specified in a qualifying contract during the reporting period is 30 days. There may be exceptions to this where the suppliers expect payment on delivery of the invoice. These would be agreed up front with suppliers
Answer not provided
N/A
30 days
No further comment provided
N/A
During a dispute process the accounts payable ("AP") team would liaise with the related department in the firm that authorised the procurement of the service in the first instance. It is that department that communicates directly with the supplier in question to discuss and resolve the dispute. The majority of qualifying contracts are managed by the corporate services team and that team works closely with the AP to resolve any disputes with supplier invoices. Once the query has been resolved, the AP team will release the relevant payment or the supplier will issue a credit note.
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