The average time taken for BIRTLEY GROUP LIMITED to pay invoices to suppliers has increased from 38 days in the first period to 47 days in the third period. This indicates a trend of slower payment over time.
BIRTLEY GROUP LIMITED has shown volatility in their payment patterns, with a significant increase in the percentage of invoices paid later than 60 days from 16% in the first period to 33% in the third period. This indicates inconsistency in their payment practices.
From the available data, the average time taken for BIRTLEY GROUP LIMITED to pay invoices to suppliers has increased by 9 days over the three periods. The percentage of invoices paid within 30 days has decreased from 41% to 30%, while the percentage of invoices paid between 31 and 60 days has increased from 43% to 37%. The percentage of invoices paid later than 60 days has also increased from 16% to 33%.
| 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 2021 - 31 Dec 2021 | 07 Feb 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 08 Jul 2020 | 47 | 30% | 37% | 33% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 38 | 41% | 43% | 16% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
1 PERIOD
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
ALL INVOICES ARE PASSED AND AUTHORISED BY OUR BUYING DEPARTMENT.
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
BIRTLEY GROUP LIMITED is a British company that specializes in construction and building products. Founded in 1965, the company has established itself as a leader in the industry with a strong commitment to sustainability.
The company's sustainability program is a core part of their operations, with a focus on reducing their environmental impact and promoting ethical practices. They have implemented various initiatives such as using recycled materials in their products, reducing energy consumption, and implementing waste management strategies.
BIRTLEY GROUP LIMITED offers a wide range of products and services, including structural steelwork, lintels, brickwork and masonry support, and fire protection. They also provide design and engineering services for their products, ensuring high-quality and efficient solutions for their clients.
The key people at BIRTLEY GROUP LIMITED include Managing Director, Mark Cook, and Chairman, Peter Marshall. With their combined expertise and experience, they have led the company towards continued growth and success.
For more information on BIRTLEY GROUP LIMITED and their products and services, you can visit their website at www.birtley.com. Their registered office address is Birtley House, Falcon Court, Birtley, Chester-le-Street, County Durham, DH3 1RA.
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