| 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 | 78 | 13% | 61% | 26% | 92% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 51 | 27% | 64% | 9% | 91% |
| 01 Sept 2019 - 31 Dec 2019 | 24 Jan 2020 | 43 | 36% | 37% | 27% | 65% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 41 | 29% | 50% | 21% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 32 | 51% | 35% | 14% | 46% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Subject to staff availability, payments are made to suppliers once a week or earlier, subject to the due date on the supplier invoice. (new weekly payment run process began 1st Dec 19)
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
37
All invoices are reviewed by the heads of department to which the invoice relates. If there is a dispute, heads of department will raise this directly with the supplier and agree a resolution. Disputes are primarily resolved over email to provide a written audit trail. Where a complaint of late payment is received, the accounts payable department will, where necessary, arrange a payment before the weekly supplier run to ensure prompt payment. (new weekly payment run process began 1st Dec 19)
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
ISS Group Holdings Limited is a multinational company that offers facility management, cleaning, and catering services to various industries, including healthcare, education, and transportation. The company was founded in 1901 and is headquartered in Copenhagen, Denmark.
The sustainability program of ISS Group Holdings Limited focuses on reducing carbon emissions, promoting diversity and inclusion, and implementing responsible sourcing practices. They have set ambitious targets to reduce their carbon footprint and have been recognized for their efforts by various organizations such as the Carbon Disclosure Project.
The company's products and services include facility management, cleaning, catering, security, and support services. They also offer specialized services such as technical maintenance, landscaping, and waste management. Their services are tailored to meet the specific needs of each client, and they strive to provide high-quality, efficient, and sustainable solutions.
The key people of ISS Group Holdings Limited include Jeff Gravenhorst, the CEO, and Jacob Aarup-Andersen, the CFO. They lead a team of over 450,000 employees who are committed to delivering excellent services to their clients.
The registered office address of ISS Group Holdings Limited is Buddingevej 197, 2860 Søborg, Denmark. Their website address is www.issworld.com, where one can find more information about their services, sustainability efforts, and contact details.
In summary, ISS Group Holdings Limited is a leading company in the facility management industry with a strong focus on sustainability. They offer a wide range of services to various industries and have a dedicated team of professionals working towards providing efficient and sustainable solutions to their clients.
Proud of your payment record? Show your live score on your own site:
<iframe src="https://paymentcheck.co.uk/badge/03650395" width="240" height="72" style="border:0" title="PaymentCheck Score" loading="lazy"></iframe>