| 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 Apr 2022 - 30 Sept 2022 | 18 Jan 2023 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 07 May 2020 | 37 | 41% | 56% | 3% | 18% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 35 | 43% | 54% | 3% | 17% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 37 | 42% | 54% | 4% | 14% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 36 | 39% | 58% | 3% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The business’s standard payment terms are 30 days from the last day of the month.
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
90
If a supplier wishes to raise a complaint or a dispute in relation to payments made under qualifying contracts, they should contact our central Purchase ledger Team on purchaseinvoices@g1group.co.uk who will try to resolve the dispute in the first instance. A response should be received within 28 days. If you are unhappy with the response or resolution Purchase Ledger will escalate to Director level where appropriate.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
G1 Group PLC is registered as operating public houses and bars, consistent with Companies House classification. Evidence from the Forgan's Broughty Ferry website, part of the same group, shows the business running a bar and restaurant in Broughty Ferry serving Scottish produce-led food and drinks, hosting live music, private bothy hire and full venue hire for events such as weddings and corporate gatherings. The group also includes a St Andrews Forgan's venue and, through the Scotsman Collection, hotel and short-term apartment accommodation in St Andrews. The company's core activity centres on operating hospitality venues, bars and restaurants across Scotland, with private event hire and food and drink service forming a significant part of its trade.
Generated from the company's website and Companies House records. Sources: forgansbroughtyferry.co.uk · forgansbroughtyferry.co.uk