| 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 | 24 Jan 2020 | 11 | 99% | 1% | 0% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 18 | 94% | 5% | 1% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 24 | 86% | 8% | 6% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Material contracts have individually negotiated payment terms. Lower value contracts, or ones which are not negotiated, payment terms will be suppliers standard terms. The normal payment term is 30 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
No additional information
Maximum contractual payment period agreed
30
We have a small Executive team and a senior manager will look to resolve any dispute. If it involves litigation the Board will be informed and a Director may become involved
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
Alliance Trust Plc, registered in Scotland since 1888, now trades as Alliance Witan PLC. It is a UK-listed investment trust that invests in global equities using a multi-manager approach, with several fund managers each selecting a focused number of stocks to build a diversified portfolio. The trust aims for long-term capital growth alongside a rising dividend, and has increased its dividend for a long consecutive run of years. It does not provide financial or investment advice; shares are bought through advisers, stockbrokers or investment platforms. The trust is overseen by an independent, non-executive board responsible for strategy and monitoring the investment manager.
Generated from the company's website and Companies House records. Sources: alliancetrust.co.uk · alliancetrust.co.uk · alliancetrust.co.uk