NDS LIMITED
Company number: 03080780
Reporting period:
30 July 2017 to 29 January 2018
Report filed on:
27 February 2018
Approved by:
S Rashid
Payment statistics
Average time taken to pay invoices: 41 days
Invoices paid:
- within 30 days: 44%
- in 31 to 60 days: 47%
- in 61 days or more: 8%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 24%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
60 days from receipt of undisputed invoice
Were there any changes to the standard payment terms in the reporting period?
No
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
No further comment provided
Dispute resolution process
Supplier can contact the accounts payable email alias or, notify their Cisco purchase order requestor. There is an SLA of 2 business days to respond to all queries received. Once received, the case will be reviewed taking into consideration the frequency and value of the current and expected transactions. Contacting UK Accounts Payable support at the following: NDS Ltd Attention: Accounts Payable 9-11 New Square Park Bedfont Lakes Feltham, Middlesex TW14 8HA United Kingdom Inquiry: ndsaccountspayablecisco.com@cisco.com
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 Fair 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