Company number: 02951661
and approved by John Sullivan
Average time taken to pay invoices: 48 days
Invoices paid:
Invoices due but not paid within agreed terms: 71%
30 days
60 days
Our business standard payment terms for suppliers dealing with Reconomy UK companies are 60 days end of month from the receipt of the invoice (i.e. suppliers are paid at the end of the month following a 60 day period from the date of receipt by Reconomy of a valid invoice).
Answer not provided
N/A
60 days
Please see more information about Reconomy's payment terms in our Terms and Conditions which can be found through our website www.reconomy.com/supply
We work with suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our treasury team on 01952 292000 or email accounts payable on treasury@reconomy.com
We work with suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our treasury team on 01952 292000 or email accounts payable on treasury@reconomy.com
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.
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