Company number: 10227007
and approved by Rob Tompkins
Average time taken to pay invoices: 110 days
Invoices paid:
Invoices due but not paid within agreed terms: 37%
30 days
60 days
Our standard practice is to pay within standard or otherwise agreed payment terms on receipt of a valid and accurate invoice which quotes purchase order number, and provided we are satisfied that the goods or services have been delivered or performed in accordance with the agreement with the supplier. We operate a NO PURCHASE ORDER NO PAY policy. Any invoices received without a PO are rejected back to supplier requesting a PO, with some pre-agreed exceptions
Answer not provided
N/A
60 days
Any variation on standard terms must be requested on a new vendor forms and approved by the Finance Operations Director or Financial Controller
N/A
Any queries relating to payment of invoices should be sent to Accounts Payable Team The supplier should liaise with the person who orders the goods/service who placed the order to resolve any dispute or complaint.
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