| 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 2018 - 31 Dec 2018 | 28 Jan 2019 | 23 | 82% | 15% | 3% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 12 | 63% | 21% | 16% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment terms are 30 days.
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 queries and disputes relating to payments are handled by our accounts payable teams. When opening an account with a supplier, we issue the supplier with the contact email address of their accounts payable contact. In the first instance, the supplier should contact their accounts payable contact via this email. The accounts payable contact would aim to deal promptly with the dispute.
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
Bosch Automotive Service Solutions Ltd is a UK registered company that forms part of the Bosch group, with its registered office given as the legal department of Robert Bosch Ltd in Denham. It was incorporated in 1966 and remains active on the Companies House register. Companies House records its nature of business as non-specialised wholesale trade, within the cars, motorcycles and road vehicles industry category. The available online material relates to Bosch's broader global operations rather than describing this specific entity's activities in detail, so its precise day-to-day trading role within the wider Bosch group cannot be confirmed beyond its registered wholesale classification in the automotive sector.
Generated from the company's website and Companies House records.