| 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 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 14 | 90% | 7% | 3% | 65% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 27 | 68% | 28% | 6% | 73% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 25 | 74% | 20% | 6% | 80% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 30 | 65% | 27% | 8% | 86% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 31 | 63% | 25% | 12% | 92% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 60% | 28% | 12% | 89% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days from date of invoice
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
60
WSP has a commitment to managing all disputed invoices in a timely manner. Our key steps in this process are: Disputed invoices are identified and raised by the person responsible for sourcing the supply or service, whom will then liaise with the business stakeholder. The dispute will then be owned and analysed internally by the business stakeholder and raised directly with the supplier. If settlement of the dispute cannot be reached between the business stakeholder and the supplier, escalation to Procurement and or other appropriate departments will be engaged in the process Where a resolution cannot be reached, there are a number of potential dispute resolution methods such as mediation, adjudication, expert determination, litigation and / or arbitration.
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
WSP Management Services Limited is a private limited company incorporated in 1989 and registered in England. It has previously traded as Donald Rudd & Partners Limited, WSP Consulting Engineers (Watford) Limited and WSP Kenchington Ford (London) Limited before adopting its current name, reflecting its position within the WSP group of engineering and consultancy businesses. Companies House records its nature of business as other professional, scientific and technical activities not elsewhere classified, indicating a role providing internal management or support services within the wider WSP group rather than delivering engineering work directly to external clients. The company remains active, filing routine accounts and confirmation statements, and is based at the group's registered London office.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk