Company number: 03230332
and approved by Bruce Wilson
Average time taken to pay invoices: 57 days
Invoices paid:
Invoices due but not paid within agreed terms: 64%
0 days
90 days
Standard payment terms for both Leicester and Solartron ISA divisions are between 30 days and 60 days depending upon market conditions, supplier relationships, spend and agreed credit limits and are agreed with each supplier when set-up or if amended.
Answer not provided
N/A
90 days
No further comment provided
N/A
Reasons for not being able to pay based on terms include not receiving invoices by email, receiving late, new bank details requiring verification or non-compliant invoices or invoices that are in dispute. Once aware of a query, the Accounts Payable team will look into it with the supplier or Buyer as appropriate and work together to resolve it. Suppliers should initially contact accounts.taylor-hobson@ametek.com (for the Leicester division), ap-solartronisa@ametek.com (for the Solartron ISA division) or corp.gssc@ametek.com (for Ivalua orders that have an order number starting I-P e.g. I-P195956) if there are overdue invoices and escalate to the Finance Manager or Purchasing Manager if a response is not received in a reasonable timeframe.
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