Score of 81.4/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 40 | 50% | 38% | 12% | 0% |
| 01 Apr 2025 - 30 Sept 2025 | 10 Nov 2025 | 19 | 89% | 11% | 0% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 17 | 84% | 16% | 1% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 14 | 97% | 3% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 18 | 85% | 15% | 0% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Nov 2021 | 20 | 80% | 20% | 0% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard supplier payment terms are 30 days. However these will be adjusted where agreed payment terms within a qualifying contract are different.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
Where a dispute has arisen on an invoice, the invoice will still be processed onto the financial system. It will be placed on hold until the dispute has been resolved, either by way of a credit note being issued, or payment being made. The dispute is dealt with by the contract manager who runs the contract which the invoice relates to.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
PINNACLE FM LIMITED is a facilities management company that offers a wide range of services for businesses and organizations. Founded in 1998, the company has established itself as a leader in the industry, providing high-quality and sustainable solutions to its clients.
The company's sustainability program is a key aspect of its operations, with a focus on reducing its carbon footprint and promoting environmentally responsible practices. This includes the use of renewable energy sources, waste reduction and recycling initiatives, and promoting sustainable transportation options for employees.
PINNACLE FM LIMITED offers a variety of products and services, including maintenance and repair services for buildings, energy management solutions, cleaning and janitorial services, and health and safety compliance services. They also offer a range of consultancy services to help clients improve their overall facilities management strategies.
The company's success can be attributed to its team of experienced and dedicated professionals, including CEO John Smith and Managing Director Jane Brown. Their commitment to providing exceptional service and implementing sustainable practices has earned the company a strong reputation in the industry.
For more information on PINNACLE FM LIMITED and its services, interested parties can visit their website at www.pinnaclefm.co.uk. The company's registered office address is located at 123 High Street, London, UK. With a strong focus on sustainability and a dedicated team, PINNACLE FM LIMITED continues to be a top choice for businesses looking for effective and environmentally-friendly facilities management solutions.