Brompton Bicycle Limited records an average payment time of 38 days, placing it just outside the standard 30-day payment benchmark. The majority of invoices (57%) are settled within 30 days, however a significant 43% of payments extend beyond this threshold, with 13% exceeding 60 days. This distribution suggests a pattern of inconsistent payment timing rather than a steadily improving or deteriorating trend.
The late payment rate of 13% aligns directly with the proportion of invoices paid beyond 60 days, indicating that when payments do run late, they tend to slip materially rather than marginally. The 30% of payments falling in the 31–60 day band adds a further layer of unpredictability, meaning suppliers cannot reliably forecast when nearly half of their invoices will be settled. This level of spread across payment windows presents a moderate but notable cash flow risk for suppliers operating on tighter liquidity margins.
Brompton Bicycle Limited presents a moderate payment risk profile; while the majority of invoices are paid promptly, the 38-day average and 13% late payment rate warrant careful consideration for suppliers with strict cash flow requirements. Suppliers should consider negotiating clearly defined payment terms of 30 days with late payment penalties to manage exposure, and may wish to monitor payment behaviour closely over the first few invoice cycles. For higher-value contracts, requesting partial upfront payment or credit insurance could provide additional protection against the tail risk of extended delays.
| 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 2024 - 30 Sept 2024 | 13 Mar 2025 | 38 | 57% | 30% | 13% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment term for most suppliers is 30 days after receipt of the invoice. There is also a quick settlement discount offered by certain suppliers for early settlement of outstanding liabilities.
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
Disputes regarding payments are generally infrequent due to strong controls around the accounts payable process. In the unlikely event of a dispute, the following procedures are followed 1) Disputes or supplier concerns are received in our dedicated AP email inbox. 2) A supplier reconciliation is performed to ascertain the root cause of the issue by the AP team. 3) Findings are discussed with suppliers to clarify any uncertainties and ultimately to reach a negotiated settlement. Based on the outcome, any outstanding liabilities are then settled promptly with authorisation from the Finance lead.
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
Brompton Bicycle Limited is a private limited company operating in the bicycle manufacturing and retail sector. The company specialises in the design and production of bicycles, as indicated by its registered trading name.
The company was incorporated on 3 June 1976 and is registered in England under company number 01261512. Its registered office is located at Unit 1, Greenford Park, Ockham Drive, Greenford, Middlesex, London, UB6 0FD.
As a bicycle manufacturer operating in the UK market, Brompton Bicycle Limited is engaged in the production and supply of bicycles to consumers and trade customers. Companies of this type typically manage the full product lifecycle, from design and engineering through to distribution and after-sales support.
With nearly five decades of operation since its incorporation in 1976, Brompton Bicycle Limited represents one of the longer-established businesses within the UK cycling industry. Its continued active status reflects an enduring presence in the British marketplace.