Company number: 00633778
and approved by John Jaggon
Average time taken to pay invoices: 58 days
Invoices paid:
Invoices due but not paid within agreed terms: 2%
60 days
90 days
Standard payment terms are within 60 days end of month following date of invoice.
Answer not provided
N/A
90 days
No further comment provided
N/A
Wernick Hire Limited takes a pragmatic approach to resolving disputes with suppliers by following a set resolution/escalation process. Queries are initially dealt with by members of the Accounts Payable and Credit Control teams. If a satisfactory agreement is not reached, it is then passed on to members of the Senior Management team to assist. In the unlikely event that a successful resolution has not been attained by this stage, the matter is then referred to the Executive Management Team for conclusion.
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