This information is as reported by the business, and responses are in their own words.
Standard payment terms
For qualifying contracts we use the following payment terms: 30 days from date of invoices or 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
n/a
Maximum contractual payment period agreed
60
Queries from our suppliers are assigned to a colleague to action and queries are addressed within two working days. Any changes to contacts or email addresses are also communicated to all our suppliers. Initial contact point is: accountspayablequeries@punchtaverns.com
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
PUNCH TAVERNS (SERVICES) LIMITED is a UK-based company that operates as a subsidiary of Punch Taverns Limited. The company provides a range of services to support the operations of its parent company, which is one of the largest pub companies in the UK.
The sustainability program of PUNCH TAVERNS (SERVICES) LIMITED includes initiatives such as reducing energy consumption, managing waste and promoting responsible sourcing. The company aims to minimize its environmental impact and promote sustainability throughout its operations.
PUNCH TAVERNS (SERVICES) LIMITED offers a variety of products and services to support the pub industry, including property management, finance, and training. Their services help pub owners and operators to run their businesses more efficiently and effectively.
The key people at PUNCH TAVERNS (SERVICES) LIMITED include the Managing Director, Finance Director, and Operations Director. They are supported by a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The company's registered office address is at Jubilee House, Second Avenue, Burton upon Trent, Staffordshire, DE14 2WF. Their website address is www.punchtaverns.com, where more information about their services and sustainability program can be found.
In conclusion, PUNCH TAVERNS (SERVICES) LIMITED plays a crucial role in supporting the operations of Punch Taverns Limited through their services and sustainability efforts. With their experienced team and commitment to sustainability, they continue to be a valuable asset to the pub industry in the UK.