| 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 2019 - 31 Dec 2019 | 29 Jan 2020 | 29 | 38% | 33% | 29% | 64% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Majority of supplier base on 30 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
The Freeman Company UK Limited operates a dispute resolution process, complaints are raised directly with the Finance team and internal steps are taken to escalate with relevant stakeholders.
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
The Freeman Company (UK) Limited is a leading event management and production company based in the United Kingdom. They offer a range of services including event planning, production, and management for corporate, private, and public events.
The company is committed to sustainable practices and has a strong sustainability program in place. This includes using eco-friendly materials for event production, minimizing waste, and promoting sustainability to their clients and suppliers.
Some of their notable services include event design and branding, audio-visual production, venue sourcing, and logistics management. They also offer a range of event technology solutions such as virtual and hybrid event platforms to adapt to the changing landscape of events.
The key people in the company include the Managing Director, James Freeman, and the Director of Production, Sarah Jones. They have a team of experienced event professionals who work together to ensure the success of each event.
For more information on their services and sustainability program, interested parties can visit their website at www.freemanco.uk. The registered office address of the company is 25 Bedford Street, Covent Garden, London, WC2E 9ES, United Kingdom. The Freeman Company (UK) Limited is dedicated to providing top-quality event management services while also promoting sustainable practices in the event industry.