| 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 Jan 2020 - 30 Jun 2020 | 15 Oct 2020 | 52 | 0% | 97% | 3% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 47 | 10% | 89% | 1% | 47% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 59 | 10% | 55% | 35% | 89% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of month following month of invoicing (average 45 days)
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
All queries and disputes are handled by the Accounts Payable department with reference to the receiving depot/department. The speed of resolution will be dependent upon the nature of the query and individual suppliers.
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
PCL Transport 24/7 Limited is a transportation company based in the United Kingdom. They offer a variety of services including same-day and next-day delivery, warehousing, and logistics solutions. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using eco-friendly vehicles, optimizing routes to minimize fuel consumption, and promoting recycling and waste reduction among their employees. PCL Transport 24/7 Limited also offers a range of sustainable packaging options for their clients.
Key people at PCL Transport 24/7 Limited include the Managing Director, David Smith, and Operations Manager, Sarah Johnson. They have a team of experienced and dedicated staff who are committed to providing excellent customer service.
For more information on their services and sustainability program, interested parties can visit their website at www.pcltransport.com. The registered office address for PCL Transport 24/7 Limited is 12 High Street, London, UK.