Company number: 00983951
and approved by Carl Johnson
Average time taken to pay invoices: 37 days
Invoices paid:
Invoices due but not paid within agreed terms: 50%
0 days
Answer not provided
Aramark Limited payment terms vary by supplier and are agreed as part of contract negotiations.
Answer not provided
N/A
120 days
No further comment provided
We are resubmitting our H1 report for the period of October 22 to March 2023. When completing the 2nd half year report we reviewed the reporting policy and have now made a slight change to the calculation based upon the invoice received date. We have updated this analysis to reflect the same methodology as used within our 2nd half year report.Invoices are paid in line with contractual terms on the next available payment run. Suppliers can be paid ahead of terms if they participate in the Supply Chain financing scheme.Payment terms can be accelerated or exceeded at specific times during the year in mutual agreement with suppliers.
Supplier payment queries are initially raised with the Accounts Payable team or the specific trading site. Where issues require further escalation it will then involve the Purchasing team or Senior Finance representation to reach a resolution.
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.
Yes
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.
Yes
No
No