Company number: 06275653
and approved by Michael Booth
Average time taken to pay invoices: 52 days
Invoices paid:
Invoices due but not paid within agreed terms: 32%
30 days
Answer not provided
End of month of date of invoice plus 60 days
Answer not provided
N/A
90 days
No further comment provided
N/A
Invoices can be placed in dispute for various reasons and this is recorded in our accounting system. Suppliers would initially raise a query with our accounts payable team and this would be dealt with or passed to a business stakeholder to be resolved. Sub-Contractors would generally liaise with the commercial or operational teams to resolve any disputes. If the dispute cannot be resolved our procurement team will assist in any resolution. Ultimately the dispute may be passed to our legal team or CFO to resolve.
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