Company number: 02022858
and approved by James Rocke
Average time taken to pay invoices: 34 days
Invoices paid:
Invoices due but not paid within agreed terms: 40%
0 days
95 days
Standard contractual terms for the majority of foreign goods is 60 days. For UK goods and services it is 30 days EOM. The maximum contractual period is 95 days.
Answer not provided
N/A
95 days
No further comment provided
Our payment process dictates that payment of invoices on end of month terms is made in the first week of the following month. We are pleased to report that over 85% of our purchase invoices are paid within 10 calendar days of the due date.
Disputes are reported to suppliers in a timely manner, with the transaction remaining unauthorised until resolved
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