GOV.UK
LONDON GATEWAY PORT LIMITED
Company number: 04341592
Reporting period:
1 July 2022
to 31 December 2022
This report was filed on 1 August 2023
and approved by Alan Shaoul
Payment statistics
Average time taken to pay invoices: 29 days
Invoices paid:
- within 30 days: 64%
- in 31 to 60 days: 34%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 25 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
60 days
Standard payment terms
Payment of invoices will be made on 30 day terms unless otherwise agreed - per the Conditions of Purchase on London Gateway Port Ltd purchase orders.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
Any other information about payment terms
Suppliers should send tax invoices which specify the correct Purchase Order number to the Accounts Payable department at London Gateway Port Ltd, either by email to Accountspayable@londongateway.com or by post to Accounts Payable, No1 London Gateway Stanford-le-Hope Essex UK SS17 9DY.
Dispute resolution process
For any payment queries, suppliers should contact the Accounts Payable department at London Gateway Port Ltd, either by email to accountspayable@londongateway.com or by phoning the switchboard on 01375 648311 and asking for the Accounts Payable department.
The Accounts Payable department will look into suppliers’ queries as soon as possible, and will liaise with the purchaser and the supplier to resolve any queries or disputes to enable payment to be made as quickly as possible.
Full Conditions of Purchase can be found on the London Gateway Port Ltd Purchase Order.
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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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