Company number: 00030226
and approved by Isabelle maddock
Average time taken to pay invoices: 24 days
Invoices paid:
Invoices due but not paid within agreed terms: 99%
1 days
75 days
James Cropper Plc is the parent company of the James Cropper Group. The Group's standard payment terms state that payment of third party invoices for goods and services will be made within 60 days of receipt of a correct, undisputed and properly due invoice. The remaining contracts are negotiated with individual suppliers as part of their contract.
Answer not provided
N/A
75 days
No further comment provided
Internal payment practice includes weekly payment runs resulting in suppliers receiving payments via electronic banking 3 - 7 business days after the invoice due date. suppliers receive payments, with 2% of payments received on time and a further 86% of payments received between 1 - 10 days after the due date.
James Cropper Group's core values include being committed to our communities and acting with integrity. We therefore endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated accounts payable team or a procurement specialist.
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