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MULLER SERVICE LIMITED

Company number: 07822538

Reporting period:
1 January 2019 to 30 June 2019


This information is as reported by the business, and responses are in their own words.

This report was filed on 29 July 2019

and approved by Paul Fabian Clancy

Payment statistics

Average time taken to pay invoices: 34 days

Invoices paid:

  • within 30 days: 62%
  • in 31 to 60 days: 29%
  • in 61 days or more: 9%

Invoices due but not paid within agreed terms: 29%

Payment terms

Shortest standard payment periods

10 days

Longest standard payment period

60 days

Standard payment terms

Standard payment terms for payment of invoices for Muller Service Limited are 60 days from the receipt of a fully supported and accurate invoice for goods and services that have been delivered in full. Muller Service Limited pay a number of service invoices on receipt and intercompany related invoices on 14 days terms.

Were there any changes to the standard payment terms in the reporting period?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

All disputed payment queries are initially handled by the Accounts Payable team. Volume queries are escalated to the receiving location to evidence of delivery differences and price queries supported by the procurement team. If a satisfactory outcome cannot be reached, the issues are escalated through the procurement team to our internal legal team for support and resolution.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

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.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

No

Does this business offer supply chain finance?

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

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No