Company number: 01597033
and approved by Louis Meyerowitz
Average time taken to pay invoices: 60 days
Invoices paid:
Invoices due but not paid within agreed terms: 79%
15 days
125 days
Standard payment terms are 60 days but terms are negotiated individually with suppliers, and standard payment period varies between 15 and 125 days.
Answer not provided
N/A
365 days
No further comment provided
Terms are negotiated individually with suppliers.
Other than where there is a material dispute, which is escalated to head office, disputes are handled on an individual site basis; it is the site’s responsibility to engage with a supplier to agree a form of resolution. Disputes, and resolutions to these, including those that have been escalated to head office, should be communicated to the relevant purchase ledger team for them to be recorded in our systems for processing.
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