W & J LINNEY LIMITED

Our standard payment terms are 60 days from date of invoice, with the exception of larger paper and outwork suppliers, who are predominantly on 90 days from date of invoice. However, we do have a significant amount of 'smaller' suppliers, who we endeavour to pay between 1 - 14 days, depending on the size of the account and the supplier’s cashflow needs. As you can see our published average days to pay of 53 days is within our 60 day standard terms.

The data we have provided includes many invoices that have only been paid late, due to us receiving these invoices late from our suppliers and in addition to this it also includes invoices that are in dispute. As a business we will always try to pay to our agreed supplier payment terms, but unfortunately we only do a payment run once a week on a Friday, which invariably will result in most of our payments to appear late, even if only by one or two days.

Individuals approving invoices will notify both our accounts department and the supplier themselves if an invoice is in dispute. Depending on the nature of the dispute, will determine the timescale and next steps for each individual queried invoice.