| 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 |
|---|---|---|---|---|---|---|
| 30 Jun 2020 - 27 Dec 2020 | 29 Jan 2021 | 72 | 17% | 27% | 56% | 77% |
| 30 Dec 2019 - 29 Jun 2020 | 06 Jan 2021 | 73 | 13% | 25% | 62% | 67% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 63 | 18% | 31% | 51% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 65 | 18% | 31% | 51% | 56% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Feb 2019 | 63 | 19% | 30% | 51% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 63 | 18% | 31% | 51% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
90 days from the end of the month in which goods were delivered in the UK or directly to a build site outwith the UK or 90 days from the end of the month in which the performance of services was completed.
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
90
Alexander Dennis currently utilises an internal payment dispute process. Any concerns over non-payment of invoices should be directed to the FSSC contact in the first instance. The matter will be reviewed by the business area responsible for the purchase order, and if unresolved after 7 days may then be escalated to a site director. If the matter remains unresolved after 10 days, we may finally escalate this to our Group Operations Director where appropriate. In the event that we are unable to resolve a dispute internally, our standard terms are governed by Scots Law and give exclusive jurisdiction to Scottish courts to resolve disputes which cannot be amicably settled.
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
Alexander Dennis Limited, registered in Scotland at Larbert, is a manufacturer of buses and coaches, including double-deck and lightweight models and zero-emission electric buses such as the Enviro200EV and Enviro400EV. The company traces its history through the Dennis, Alexander and Plaxton heritage brands and now forms part of the NFI Group of transport manufacturers, alongside sister brands New Flyer, MCI and ARBOC. Its products are supplied to bus and coach operators in the UK and internationally, supported by aftersales services such as AD24 and AD Repower, which converts vehicles to zero-emission operation. The company describes itself as a world-class manufacturer leading the transition to zero-emission mobility, with facilities across multiple countries.
Generated from the company's website and Companies House records. Sources: alexander-dennis.com · alexander-dennis.com · alexander-dennis.com