Company number: 02636007
and approved by Elizabeth Law
Average time taken to pay invoices: 37 days
Invoices paid:
Invoices due but not paid within agreed terms: 36%
0 days
60 days
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. Unless otherwise agreed by the parties in writing, the Company shall pay the price for the goods and/or services within 45 days after the end of the month of receipt by the Company of a proper invoice or, if later, after acceptance of the goods or services in question. Time of payment shall not be of the essence.
Answer not provided
N/A
60 days
No further comment provided
Payment runs are processed on a weekly basis paying all invoices that are approved and due up until the end of the week.
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. The main point of contact for disputes is Accounts Payable team. To resolve a dispute, the supplier is required to provide any missing information, corrected invoice or credit note. If the Accounts Payable team are unable to resolve the dispute, then the issue is then escalated to the requisitioner who is then responsible for resolving the issue and liaising with the supplier.
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