Company number: 07352417
and approved by Paul Gary Papworth
Average time taken to pay invoices: 33 days
Invoices paid:
Invoices due but not paid within agreed terms: 42%
1 days
60 days
Prettylittlething.com Limited's (PLT) standard payment terms are 14 days from date / receipt of invoice for British stock manufacturers (as of 1 August 2019) and 30 days from date / receipt of invoice for all other suppliers. Payment terms are mutually agreed with suppliers as part of contractual negotiations. Terms negotiated between PLT and suppliers can range between 1 and 60 days. There are no suppliers on contractual terms above 60 days.
With effect from 1 August 2019 standard payment terms with British stock manufacturers were changed to 14 days from date / receipt of invoice.
Changes to payment terms with British stock manufacturers were notified to all impacted suppliers via e-mail ahead of the changes being implemented and were publicly announced via a press release on 12 July 2019.
60 days
No further comment provided
N/A
The point of contact for disputes is the PLT accounts payable department. When an invoice is disputed an internal investigation is undertaken and suppliers will be contacted to provide any additional supporting documentation or evidence required, or to issue a corrected invoice, in order to resolve the issue as quickly as possible.
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