| 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 2018 - 31 Dec 2018 | 29 Jan 2019 | 33 | 62% | 33% | 5% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 61% | 34% | 5% | 40% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Sweco Services UK Ltd have standard payment terms of 30 days, but are willing to agree shorter terms (7 or 14 days) with small sub contractors and other small supplier companies
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
Sweco Services UK Limited is committed to the equitable treatment of all it's supply chain partners. The individual raising the purchase order is responsible for notifying the supplier in the event of any dispute. It is the aim of Sweco Services UK Limited to resolve any disputes within the terms of the contract and pay its' suppliers within agreed terms.
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
Sweco Services UK Limited is part of Sweco, a European design, engineering, environment and regulatory consultancy group. The UK operations provide multidisciplinary consultancy across buildings and urban areas, water, energy and industry, and transportation infrastructure, covering services such as structural engineering, environmental consultancy, building services, landscape architecture and building control. The wider Sweco group employs around 23,000 architects, engineers and consultants across Europe, working on over 100,000 projects a year for public and private clients. The company's registered activity aligns with engineering related scientific and technical consulting, reflecting its role as part of Sweco's UK business supporting planning, design and regulatory compliance for infrastructure and construction projects.
Generated from the company's website and Companies House records. Sources: sweco.co.uk · sweco.co.uk