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WOLSELEY UK LIMITED

Company number: 00636445

Reporting period:
1 August 2017 to 31 January 2018


Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 14 March 2018

and approved by PAUL TURNER

Payment statistics

Average time taken to pay invoices: 61 days

Invoices paid:

Invoices due but not paid within agreed terms: 10 %

Payment terms

Shortest standard payment period

7 days

Longest standard payment period

120 days

Standard payment terms

Wolseley do not have standard payment terms. Specific payment terms are agreed directly with the supplier. Wolseley do not change payment terms without the prior agreement of the supplier

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

120 days

Any other information about payment terms

N/A

Dispute resolution process

Invoices disputes are managed by the Exception Handling team. A monthly report is available to all suppliers upon request.
telephone number 03448330433

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No

Does this business offer e-invoicing in relation to qualifying contracts? This is where suppliers can electronically submit and track invoices. It’s not just allowing suppliers to email them an invoice.

Yes

Does this business offer supply chain finance? 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

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No