Company number: 01460224
and approved by Alan McCarthy
Average time taken to pay invoices: 36 days
Invoices paid:
Invoices due but not paid within agreed terms: 25%
0 days
76 days
The Company’s payment terms can vary by contract and supply, however our standard payment terms for supplier payments are 45 days end of month from invoice date. Subcontractor payment terms are dependent on the specific requirements of individual projects.
Answer not provided
N/A
76 days
No further comment provided
We operate on standard payment terms unless specifically agreed with the respective supplier and our Group Procurement Manager.
At P J Carey Contractors Ltd, we strive to resolve payment queries in a timely basis. We are committed to dealing fairly with and promptly paying our suppliers and subcontractors. The method of dispute resolution used will depend on the nature of the query. In respect of our subcontractors, the dispute will be dealt with by the relevant project team who will negotiate with our subcontractor until the issue is resolved and payment is made. In respect of disputes with our suppliers, our Accounts payable team will expedite a resolution assisted by our Procurement and relevant site teams. Should formal resolution be required, which is extremely unlikely, methods such as mediation may be used.
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