GOV.UK
ABM TECHNICAL SOLUTIONS LIMITED
Company number: 04039888
Reporting period:
1 November 2022
to 30 April 2023
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 14 December 2023
and approved by Colin Stevenson
Payment statistics
Average time taken to pay invoices: 53 days
Invoices paid:
- within 30 days: 23%
- in 31 to 60 days: 35%
- in 61 days or more: 43%
Invoices due but not paid within agreed terms: 11 %
Payment terms
Shortest standard payment period
30 days
Longest standard payment period
60 days
Standard payment terms
We pay the end of the month of 60 days from the invoice date with the majority of our standard contracts agreed in advance.
Non Preferred Suppliers are paid according the suppliers terms.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
Maximum Term is 60 days End of Month
Any other information about payment terms
N/A
Dispute resolution process
email APEngland@abm.com
Usually a supplier will contact our accounts department via email.
The department usually handle each case on an individual basis.
We aim to respond within one week .
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.
Yes
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