Score of 84.1/100 qualifies for PaymentCheck Certification
| 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 |
|---|---|---|---|---|---|---|
| 02 Oct 2023 - 31 Mar 2024 | 21 May 2024 | 25 | 81% | 14% | 5% | 19% |
| 27 Mar 2023 - 01 Oct 2023 | 15 Jan 2024 | 29 | 78% | 16% | 6% | 22% |
| 29 Mar 2021 - 26 Sept 2021 | 14 Aug 2022 | 21 | 86% | 10% | 4% | 15% |
| 28 Sept 2020 - 28 Mar 2021 | 14 Aug 2022 | 36 | 71% | 15% | 14% | 28% |
| 30 Mar 2020 - 27 Sept 2020 | 14 Aug 2022 | 38 | 71% | 16% | 13% | 20% |
| 30 Sept 2019 - 29 Mar 2020 | 14 Aug 2022 | 24 | 83% | 11% | 6% | 15% |
| 01 Apr 2019 - 29 Sept 2019 | 14 Aug 2022 | 23 | 91% | 9% | 0% | 17% |
| 01 Apr 2019 - 29 Sept 2019 | 18 Oct 2019 | 23 | 91% | 9% | 0% | 17% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 24 | 75% | 23% | 2% | 0% |
| 26 Mar 2018 - 30 Sept 2018 | 05 Nov 2018 | 24 | 73% | 24% | 3% | 27% |
| 26 Sept 2017 - 25 Mar 2018 | 29 Apr 2018 | 26 | 71% | 25% | 4% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Done Bros (Cash Betting) Ltd Standard Payment Terms are 30 days from the date of the invoice, unless specifically specified in the contract. Betfred utilise some small suppliers, often sole traders, and payment terms for these suppliers are fourteen days to ensure that supplier cashflows are not adversely impacted. Suppliers are informed of standard terms during the account set up and application process. But we may also agree non-standard payment terms. This may be by accepting our supplier’s terms or by mutual agreement of shorter, bespoke payment terms.
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
Done Bros (Cash Betting) Ltd operate a Purchase to Pay System for supplier spend and where there is a dispute regarding delivery or price this will be flagged by the system when the invoice is processed. When a dispute is identified the originator of the Purchase Order will request a Credit Note for the disputed items / price variance from the supplier. Where appropriate part payment may be agreed for goods/services received. Betfred work to ensure that issues raised by suppliers are both minimised and resolved quickly where they arise. The supplier liaises initially with the immediate business contact, with support from the Accounts Payable team as necessary to resolve.
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.
❌
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.
❌
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.
❌
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
DONE BROTHERS (CASH BETTING) LIMITED is a prominent betting company based in the United Kingdom. The company was established in 1955 and has since become a household name in the betting industry. The company is known for its sustainability efforts, high-quality products and services, and dedicated team of professionals.
In terms of sustainability, DONE BROTHERS (CASH BETTING) LIMITED has implemented various measures to minimize its environmental impact. This includes using energy-efficient technology and reducing paper waste through digitalization. The company also supports local communities and charities through various donations and initiatives.
The company offers a wide range of betting products and services, including sports betting, casino games, and virtual sports. These products and services are available both online and in their brick-and-mortar betting shops, providing customers with convenient and reliable options.
Key people at DONE BROTHERS (CASH BETTING) LIMITED include the managing director, Fred Done, and the operations director, Peter Done. Both brothers have been instrumental in the success and growth of the company and have a wealth of experience in the betting industry.
For those interested in contacting DONE BROTHERS (CASH BETTING) LIMITED, the company's website is www.donebrothers.co.uk. Their registered office address is 56-58 Market Street, Salford, Manchester, M6 8AQ, United Kingdom.
Overall, DONE BROTHERS (CASH BETTING) LIMITED is a reputable and sustainable betting company that offers a diverse range of high-quality products and services. Its commitment to sustainability and community support sets it apart from its competitors and makes it a trusted choice for bettors in the UK.
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