Company number: 02900798
and approved by Graham Aynsley
Average time taken to pay invoices: 54 days
Invoices paid:
Invoices due but not paid within agreed terms: 68%
45 days
Answer not provided
Although terms vary between suppliers, in general our contracts with main suppliers are based upon 45 day terms.
Answer not provided
N/A
90 days
We make payments to suppliers on a bi-monthly basis, and hence this can result in our payments being made shortly after the due date. In addition, we have informal agreements with specific large suppliers that we can make payments to at set periods, which are beyond the credit terms per the contract.
N/A
Where we have a dispute, this is communicated to the supplier and resolved prior to payment being made
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