Company number: 01268060
and approved by Sarah Darville-Downs
Average time taken to pay invoices: 63 days
Invoices paid:
Invoices due but not paid within agreed terms: 18%
7 days
106 days
Our standard terms are 45 days from end of month of invoice (for suppliers and subcontractors). Terms for a limited number of subcontractors with a high labour element are 7-30 days. Several large suppliers of materials are on agreed terms of 75 days from end of month of invoice. Invoices must be received by 5th working day following month of invoice to be paid as that month terms. If the invoice is not received by this point, then the invoice will be processed and paid to terms based on the month the invoice was received.
Answer not provided
N/A
106 days
No further comment provided
N/A
If disputes arise, the parties will attempt, in good faith, to reach agreement as soon as possible. Queries with invoices are raised with the Procurement team at the point that the invoice is processed.
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