Company number: 03460378
and approved by Thibaut Roux
Average time taken to pay invoices: 25 days
Invoices paid:
Invoices due but not paid within agreed terms: 25%
30 days
Answer not provided
Standard payment terms for suppliers are 45 days from the date of receipt of a valid invoice and for subcontractors are 30 days from the Due Date.
Answer not provided
N/A
45 days
No further comment provided
N/A
All of our contracts contain an amicable dispute resolution process whereby any dispute which cannot be resolved to the satisfaction of both parties can be elevated to our dedicated team for review. The team are used to working with suppliers to resolve issues at an early stage, the key being to reach an early conclusion to the mutual satisfaction of the parties. We are not a litigious organisation and have comparatively few adjudications, arbitrations and court proceedings. Our success is based upon forming longer term relationships with our supply chain.
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Prompt Payment Code
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
Yes
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