Company number: 02075721
and approved by Julia Hoggett
Average time taken to pay invoices: 30 days
Invoices paid:
Invoices due but not paid within agreed terms: 13%
1 days
Answer not provided
Standard Payment terms as defined by the company's Purchasing Policy are 60 days. We commit to make payment of all undisputed transactions properly due, to third party suppliers, within the committed pay terms, basis timely submission of a valid invoice to the Accounts Payable department with relevant details such as PO number/business contact name. Few suppliers are setup with a shorter/longer pay terms based on negotiated contracts
Answer not provided
N/A
60 days
No further comment provided
N/A
Payment processing is dealt with by the Accounts Payable function and any supplier payment queries that may arise are actioned by the team. In the event, where the issue is not resolved, the query will be discussed between the supplier and relevant contractual service owner or finance personnel to ensure satisfactory resolution for both parties.
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