Company number: 04771242
and approved by Richard Gunston
Average time taken to pay invoices: 36 days
Invoices paid:
Invoices due but not paid within agreed terms: 81%
7 days
61 days
The business does not use standard terms. Therefore the ‘standard payment terms’ we report on is the most frequently used payment terms. Which is 30 days, unless otherwise agreed on an invoice by invoice basis.
Answer not provided
N/A
61 days
As above, the business does not have standard terms, the standard payment period is therefore the most commonly used terms for the reporting period. The payment period will vary depending on the size of the company, the relationship with that company, as well as the type of goods or services bought. For example any comissions are often paid on receipt of invoice.
N/A
Resolutions to disputes are dealt with on a case by case basis. Any complaints or concerns will be considered by the Purchase Ledger Manager within the Purchase Ledger Team. The Purchase Ledger Manager will liase directly with the supplier within the smallest timeframe possible, to ensure any business disruption is kept to a minimum.
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